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G Force G 3 weeks ago
My 401k doesn't let me invest in bitcoin or precious metals. Would it make sense in scenarios like this to cash out and buy hard assets / real money? Not holding you responsible for bad advice ad you can't predict the future but...

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In a scenario where the FED starts printing like crazy cash would lost purchasing power during the years so cashing out not sure would be the best option. Being invested in scarce and not inflatable asset could be a solution. The problem is are you really owning the assets you'll buy? In serious period of crisis third party risks are something that should even more be taken in consideration. Like you said I am not in a position to give advice and can't predict the future, but I don't see many solution different than printing money in order to deflate their debt. This should increase real hard asset value..