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Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor

 
Anonymous Coward
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11/18/2021 10:35 AM
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Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
You NEED to watch this. We are undoubtedly headed for hyperinflation. This is an AMAZING interview by a man who grew up during hyperinflation in Romania. He explains in depth how his family survived. What was important and what worked. How they managed to survive and mistakes they made. These are real world strategies for common people living paycheck to paycheck. And he talks about what people should do to protect themselves and not starve.

This is a long video but well worth it. The guy drops essential info and advice all through it


Anonymous Coward (OP)
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11/18/2021 10:51 AM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
One part I found really helpful was where he discussed gold and silver. How people used it and when. How the government tried to control its use and how people got around it. This was for normal people who were wiped out by the hyperinflation.
Anonymous Coward (OP)
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11/18/2021 11:17 AM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Can I get a Pin? This is very important information!
Swamprat

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11/18/2021 12:14 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Can I get a Pin? This is very important information!
 Quoting: Unna


Done before, I believe.

(Note to self; stock up on tuna and spam for buying whoopee after SHTF)
We aren't cut out to be socialists.We are the people who couldn't be constrained by Europe. We are the malcontents, idealists, speculators, dreamers, inventors, debtors and criminals who would not be chained. We don't play well with others, we are brash, outlandish and cunning. let us do what we do best; let us be Americans.
Just Passing Through.....
*MOLON LABE*

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11/18/2021 12:44 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
You NEED to watch this. We are undoubtedly headed for hyperinflation. This is an AMAZING interview by a man who grew up during hyperinflation in Romania. He explains in depth how his family survived. What was important and what worked. How they managed to survive and mistakes they made. These are real world strategies for common people living paycheck to paycheck. And he talks about what people should do to protect themselves and not starve.

This is a long video but well worth it. The guy drops essential info and advice all through it



 Quoting: Unna



I got you on the pin
"She isn't real.....I can't make her real"

"Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder"

"The World is a business Mr Beale..."

"You depend on our protection yet you feed us lies from the tablecloth......"

ENFJ
Lady Jane SmithModerator
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11/18/2021 12:46 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
bump
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ

Killer Bunny
ISLANDIA

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11/18/2021 12:48 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Strongman's been warning us all for some time on this issue.

He has been living through this for decades
N3M3S1S F$CKIT

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11/18/2021 02:18 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
The interview brings up a lot of interesting subjects to consider.
Very informative.

Thanks for posting!
Anonymous Coward (OP)
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11/18/2021 02:25 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
You NEED to watch this. We are undoubtedly headed for hyperinflation. This is an AMAZING interview by a man who grew up during hyperinflation in Romania. He explains in depth how his family survived. What was important and what worked. How they managed to survive and mistakes they made. These are real world strategies for common people living paycheck to paycheck. And he talks about what people should do to protect themselves and not starve.

This is a long video but well worth it. The guy drops essential info and advice all through it



 Quoting: Unna



I got you on the pin
 Quoting: Just Passing Through.....


Thank You!

hf
Inevitability

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11/18/2021 02:29 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Bump for later
Fatality. Out of Sanity. Sublime Paragon. Transcendent Virtuoso. Marduk the Inimitable. Truth Ranger. Ipso Facto.

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Truth is like the sun. You can shut it out for a time, but it ain't goin away.

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

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Perseus -]+[-

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11/18/2021 02:56 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Old, posted also on old glp, but.....still the best about urban survival, in *real* enviroment and contitions

the guy has grow up from kid to man in the hell of argentina

Surviving in Argentina (the best real urban survival site)

google search >> surviving in argentina <<

for some reason the link is baned here

Last Edited by Perseus -]+[- on 11/18/2021 02:57 PM
Iam a child of earth and of starry heaven
But my race is of heaven
Orpheus
1guynAz

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11/18/2021 03:28 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
You NEED to watch this. We are undoubtedly headed for hyperinflation. This is an AMAZING interview by a man who grew up during hyperinflation in Romania. He explains in depth how his family survived. What was important and what worked. How they managed to survive and mistakes they made. These are real world strategies for common people living paycheck to paycheck. And he talks about what people should do to protect themselves and not starve.

This is a long video but well worth it. The guy drops essential info and advice all through it



 Quoting: Unna


bumpbump
Living has taught me one thing; nothing is certain...except salvation through Jesus Christ!
Anonymous Coward (OP)
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11/18/2021 03:30 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
+[-:MV80OTU5MTczXzkwNjg4NzQ2X0Y2MTYwQ0Iy]
Old, posted also on old glp, but.....still the best about urban survival, in *real* enviroment and contitions

the guy has grow up from kid to man in the hell of argentina

Surviving in Argentina (the best real urban survival site)

google search >> surviving in argentina <<

for some reason the link is baned here
 Quoting: Perseus -


LOl ya Ferfal! I used to read his site all the time. Good info on living in a city when society collapses. More focused on safety and self defence that strategies to live in a more rural setting.
Lily o' the Valley

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11/18/2021 03:36 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
There was also one I read a few years ago by a guy who lived through the Bosnia conflict which was similar. I think it was ón the site that has the Argenteen guy's account.

I don't see how people can watch or read these accounts and not be affected.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
Lily o' the Valley

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11/18/2021 03:37 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
There was also one I read a few years ago by a guy who lived through the Bosnia conflict which was similar. I think it was ón the site that has the Argenteen guy's account.

I don't see how people can watch or read these accounts and not be affected.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
Logan Five

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11/18/2021 03:40 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
+[-:MV80OTU5MTczXzkwNjg4NzQ2X0Y2MTYwQ0Iy]
Old, posted also on old glp, but.....still the best about urban survival, in *real* enviroment and contitions

the guy has grow up from kid to man in the hell of argentina

Surviving in Argentina (the best real urban survival site)

google search >> surviving in argentina <<

for some reason the link is baned here
 Quoting: Perseus -


Fernando Aguirre , aka ferfal308.
I corresponded with him years ago, good guy.
Deep Sleep Sandman.
"Build Back Better" is a lie!
There is no "renewal"!
Eilonwy

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11/18/2021 03:45 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I liked her list: Food, Water, Energy, Security, Barter-ability, Wealth preservation, Community, Shelter

I like his last word: Be beacon. Don't fear. Don't allow others around you to fear. Light up other beacons in your community.

I also liked what he said that skills were the best thing to barter.

Last Edited by Eilonwy on 11/18/2021 03:46 PM
“A grower of turnips or shaper of clay, a commot Farmer or a king--every man is a hero if he strives more for others than for himself alone.”
Lloyd Alexander, The Castle of Llyr
rccola

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11/18/2021 03:48 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Thanks OP, good video.

Interesting about using jewelry as the main currency and physical gold bars or coins stored elsewhere for savings at the end of the crisis.

I have thought about buying metals but don't know how or if they are registered to the buyer so that they are trackable as wealth.
Wilson166

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11/18/2021 03:49 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
Strongman's been warning us all for some time on this issue.

He has been living through this for decades
 Quoting: ISLANDIA


Is he the GLPer based in Argentina? If so, that country has been trashed by its Peron-Kirchner left for decades.

Think of the US with nothing but Obamas, Clintons and Bidens at the helm for over 90 years. Or the city of San Francisco mixed with the city of Baltimore, etc, on a larger scale.

The stuff of nightmares.
Wilson166
led_Dis_Spencer

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11/18/2021 03:56 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
>1 hour long.........
Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. Debt is the money of slaves
Mainstreet_American

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11/18/2021 04:10 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I find it very interesting how he describes how everyone went back to small community bartering and living off the land.

Makes you think what the plan is for all those corps that are buying up all the farm land....

So they will still have a very heavy hand in each little barter community... While also enjoying their hands in multiple community cookie jars.... Setting up control over large parts of the country when the SHTF....
Turn the circus off, or at least know you're watching one...
NikM755

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11/18/2021 05:32 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
NOTICE HE SAID YOU NEEDED TO HAVE SOMETHING TO TRADE FOR SOMETHING ELSE E.G. Not crpyto
Banana Sandwich

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11/18/2021 05:54 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
bump
Because this backwards world is bananas.
RomanianGuy

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Romania
11/18/2021 06:49 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I find it very interesting how he describes how everyone went back to small community bartering and living off the land.

Makes you think what the plan is for all those corps that are buying up all the farm land....

So they will still have a very heavy hand in each little barter community... While also enjoying their hands in multiple community cookie jars.... Setting up control over large parts of the country when the SHTF....
 Quoting: Mainstreet_American


Not many of those who lived in urban areas went back to living off the land.
Most urbanites had relatives (parents/grandparents) living in rural areas and helping them out with food/produce from time to time, while they continued living and working in the cities.
Doom mood!
Time to Dance Again:
Thread: Totentanz
Sardonic Dadaist

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11/18/2021 07:06 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I find it very interesting how he describes how everyone went back to small community bartering and living off the land.

Makes you think what the plan is for all those corps that are buying up all the farm land....

So they will still have a very heavy hand in each little barter community... While also enjoying their hands in multiple community cookie jars.... Setting up control over large parts of the country when the SHTF....
 Quoting: Mainstreet_American


Not many of those who lived in urban areas went back to living off the land.
Most urbanites had relatives (parents/grandparents) living in rural areas and helping them out with food/produce from time to time, while they continued living and working in the cities.
 Quoting: RomanianGuy


It’s because you can move a million people out to the country in a year or two when it collapses. When it hits you’re not going to be able to move except with family possibly.

City folk might be able to pitch a tent in a national park with 5 thousand other refugees, but thinking oh we will just leave if it gets bad is a death frame of mind.
Seeker 2
MarPep

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11/18/2021 07:09 PM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
For later..
_______________
They let me off with a warning and a couple of bullet holes.

Day after day, alone on a hill--
CANON CITY PATRIOT

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11/18/2021 08:53 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
OP - Thank you very much for posting the video of this interview which contains a lot of very important information and advise.

***** and some GREEN!
CANON CITY PATRIOT
Eilonwy

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11/19/2021 08:21 AM

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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I thought one of the salient points was that once the cycles of inflation begin, you loose your money very quickly. In the first few cycles. And the banks close, also slowing any last minute changes to your monetary situation. In two years money went from being able to buy 3 houses to being able to buy a TV.

So, in order to be "ready" for hyperinflation you have to constantly be prepared. Sink a certain amount of whatever you can into real things like skills and stuff you can trade or use.

Also interesting: if you had gold bars, you'd hide them in the ground and those would be your savings for a rainy day. They were illegal to own. Small pieces of jewelry were exchanged though. Gold was made into things like rings in order to exchange in a somewhat less illegal way. (wedding rings weren't strictly illegal for instance).

Interesting also that he says that certain of his relatives NEVER trusted or used banks again.

A house was exchanged for a gold necklace, so I suppose that shows that real estate tanked and gold went to the moon.

Last Edited by Eilonwy on 11/19/2021 08:26 AM
“A grower of turnips or shaper of clay, a commot Farmer or a king--every man is a hero if he strives more for others than for himself alone.”
Lloyd Alexander, The Castle of Llyr
RomanianGuy

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11/19/2021 03:36 PM
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Re: Must Watch! Living Through Hyperinflation - Real World Advice From a Romanian Survivor
I thought one of the salient points was that once the cycles of inflation begin, you loose your money very quickly. In the first few cycles. And the banks close, also slowing any last minute changes to your monetary situation. In two years money went from being able to buy 3 houses to being able to buy a TV.
 Quoting: Eilonwy



The ROL/USD exchange rate went like this (ROL was the Romanian currency):

- 1990 - ROL 20 for 1 USD
- 1991 - ROL 76
- 1992 - ROL 307.9
- 1993 - ROL 760
- 1994 - ROL 1,655
- 1995 - ROL 2,033
- 1996 - ROL 3,082
- 1997 - ROL 7,167
- 1998 - ROL 8,876
- 1999 - ROL 15,333

In 1990 a two-room apartment in Bucharest could be bought for USD 11,000. So ROL 220,000.

Let's assume a person kept the ROL 220,000 untouched, hoping to buy the apartment later.

In 1993 the ROL 220,000 would only amount to... USD 290.
A JVC video-recorder had a cost of USD 2,500 in Romania in 1993.

Last Edited by RomanianGuy on 11/19/2021 03:37 PM
Doom mood!
Time to Dance Again:
Thread: Totentanz





GLP