Prepare for inflation and, later on, deflation—worst-case scenario hyperinflation.

It is no surprise now, but we know now that the dollar is suffering from inflation already, and by that, what I mean is that the prices for goods and services are going up in cost while the salaries are the same. It is the result of money printing by the government, not so much the stimulus checks because those checks were just a tiny part of the money giveaways that the government did last year and at the start of this year.

Much of the printing money went to rich people and their corporations. A big part of all the money printed went to corporations that use it to buy back their stocks to make their shareholders even more prosperous. And at the end of the day, the US citizen just got three small checks to justify all of the money printing, which is larger than the total cost of just the stimulus checks and makes the tax paper pay for those institutions' stimulus.

The stimulus checks are just bribes paid to the US citizen, so they don't revolt with all the money printing going around and repeating repeatedly.

It is even possible that there will be even a fourth stimulus check to justify the money printing of the infrastructure deal that president Biden wants. The infrastructure of the US is collapsing because, for years, the government hasn't invested in fixing the highways and freeways, and now they want to fix the problem by printing money.

And the government wants to print money and bring a new green deal into existence and save the environment, whatever that means. And for that, they will print money yet again.

At this point, I don't even know if they will print the money to fix the infrastructure in the US or if they are going to give it to construction companies that, in the end, will do nothing and charge uncle Sam a lot of money. If the government prints money to fix our streets, that will be seen as a good idea. I hope that the newly printed money is used up that way because the United States will benefit if your roads and bridges get a fix.

But all of the money printing will result in inflation. If the Federal Reserve doesn't increase interest in a few months, we will have hyperinflation, but it is too aggressive. We could end up with a recession that could mutate into a depression. If the government plan fails, you must be prepared to take your destiny into your hand, and you must prepare a hedge against inflation and hyperinflation because no one will save you. It would be best if you always protect yourself.

Once hyperinflation is here in the wealthiest country on Earth, it will be every man for himself because everyone will be in the same boat. If the US dollar hyperinflates, I am expecting the government to enact capital controls laws and regulations where you won't be able to exchange your dollars for any other currency, or it will be in a minimal amount. I also expect taxes to go up, especially assets that thrive in crisis scenarios like gold, silver, all metals, and cryptocurrencies.

And this is where the crypto world comes into play. Once the dollar is in hyperinflation, the government will seek those that bought cryptos in the past to either tax them or confiscate whatever cryptos they may hold. If you have cryptos today, you better consider protecting your assets from threats, including your family and the government.

The government confiscated gold in the past, so there is precedent, and they could do it again. This time, the government will seek precious metals and precious cryptocurrencies. Because of the risk of confiscation, I don't recommend precious metals as a hedge against inflation or hyperinflation because the risk of seizure exists for precious metals.

Suppose you are buying cryptos as a hedge against inflation. In that case, you should consider hedge-like Bitcoin Cash BCH because once hyperinflation hits, you will need crypto with low fees that are accepted by many, have privacy, and have other utilities. Bitcoin Cash fits the bill. Ideally, it is better than Bitcoin Core too. But you are welcome to try BTC. Don't get surprised once you realize that you can't use it or that the small amount of BTC you have is insufficient to pay the transaction fee. Same issue for Ethereum.

Suppose you buy high transaction cost coins like Ethereum and Bitcoin Core. In that case, you may not have any money at all because whatever you hold is not enough to pay the transaction fees. Once hyperinflation is in the United States, it won't be time to prepare but to perform. If your ETH and BTC fail, you won't have a second opportunity because probably your cryptos will be your last resort in a hyperinflationary scenario.

You also should make sure you acquire your cryptos using P2P exchanges or exchanges that don't ask you for anything other than your deposit addresses. The government will use the exchange's data, which asks for KYC to try to tax you. The government will use that data that exchange houses hold to tax you out of your cryptos, and they will demand you give up your cryptos in exchange for worthless fiat, just like they did to gold holders in the past.

You have been warm. Start using decentralized exchanges and P2P exchanges to get your fiat money into cryptos. Otherwise, you may regret it later once the governments go crazy trying to get their citizens' wealth, just like they did with gold holders. Protect your investment from all threats, including everyone else, with no exceptions unless you want to be the next gold bug fool that got paper for their metals, just like in the past.

There was precedent for wealth confiscation when the government took the gold from citizens, don't let that happen to your cryptos. Get your coins from P2P exchanges so that no one knows what you hold. And use no KYC exchanges. And just like it's happening in Venezuela, citizens in the US will be willing to accept cryptos for goods and services once the US dollar is good as toilet paper.

I think that Bitcoin Cash will be the cryptocurrency that people will accept as cash once the dollar is worthless because it is the Bitcoin that works. And those holding Bitcoin Core and Ethereum will discover they have burned money and not an asset. They burn cash thanks to high transaction costs.

I recommend the following video because we could go from deflation to hyperinflation. Just because the Fed increases interest, it doesn't mean the Fed will fix inflation, and everything will be fine because too much tightening could put us in a recession.

Central governments and banks should let the market dictate the interest rates and not central planners.