Yes, hide assets.
Sell everything, convert wealth to fiat coins and bury those coins in the desert.
That will help cause deflation – No money available to buy goods so prices will have to fall.
Inflation is not worth the problems you have to deal with to get too much money. Rich and poor should seek more deflation.
People don’t need much money.
Grow your own organic vegetables, chickens,…
Learn to cook yourself, make sauerkraut,
Live in a tent.
Buy used books at university libraries.
Buy old vinyl records, VCRs, DVDs, tapes, etc.
Sit in classes at the university.
Get smarter and smarter.
Exercise all the time.
Get stronger and stronger.
Move to a deflated part of the country and totally ignore the rich and their inflation.
Some deflated areas have better air quality, water quality, and great universities.
I drove by the San Francisco War Memorial Opera House over 1000 times about show time but no time to stop.
I ate better at home too, than what they ate before the Opera, and after, and I got more sleep. No time to waste on inflation.
If you are busy working you have too much to do than to worry about getting more inflation. They may be inflated but their ideas are often not good at all. Good thinking requires work, much learning and practice.
They can’t buy a brain no matter how much inflation they got. Most rich and poor have very dumb ideas.
I agree with Keynes:
Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back…
Sooner or later, it is ideas, not vested interests, which are dangerous for good or evil.
> On Dec 25, 2015, at 4:14 PM, Lothar wrote:
> Most of us American people 99%, keep less than 1K in our Savings Account. > (0% interest, I keep it also at 1K)
> Since we all have only ~ one $M in inflated, accumulated assets,[normal for our age] the 1% Multi-Millionaires/Billionaires care less about us poor. > Joe, better keep quiet about your millions, private jet [if you have one] etc.
> We have to be with the masses, “WE THE PEOPLE” 99%, BEFORE all hell breaks loose, and the 99% accidentally considers us THE 1% exploiters, and hang us with the Banksters ! > Hide your assets ! Act poor !
> Peace, Lothar
> Ballot-Box, Jury-Box, Cartridge-Box…….as a last resort…..American spring ? >
> On Dec 25, 2015, at 08:30, Joe
>> Negotiating a buyout offer can be a painstaking process for lawyers like Mr. Rozenholc. They zero in on the development site as if they were tycoons planning to buy it. What are the carrying costs while the property sits idle? How much money do the owners stand to make on the project? >>
>> Other factors can give added leverage to tenants. If, like one of the apartments in the Tishman Speyer buyout, a unit is rent-controlled rather than rent-stabilized, the vagaries of the law make it almost impossible to dislodge a tenant. >>
>> The $25 million Tishman Speyer settlement over the site at the southwest corner of 10th Avenue and 35th Street was first reported by Crain’s and confirmed by a person with knowledge of the terms of the deal who was not authorized to speak openly of it. Buyout agreements usually come with confidentiality clauses, making it hard to assess how frequently single tenants get multimillion-dollar checks. >>
>> Mr. Rozenholc and Mr. Belkin had already sparred over what is believed to be one of the largest buyouts to date, a reported $17 million for the single holdout at the Mayflower Hotel (now the exclusive condominium building known as 15 Central Park West), as well as relocation to a luxury apartment with a monthly rent of $1 for life. >>
>> They both expect to do more of the same in the future.
>> Some owners argue that the system discourages residential construction, even the kind that includes affordable units, by making it more difficult and expensive to build. They say demolition approvals should be made more quickly and rent law for regulated units should be changed to facilitate evictions needed to make way for new buildings. >>
>> “The problem with the system is that it has two goals that are often contradictory — you want to build more housing but you want to protect tenants in place,” Jeffrey Turkel, a longtime lawyer for building owners, said. >>
>> Tenants, of course, argue that they have the right to fight for their homes or at least for fair compensation. The landlord, they note, is asking them to surrender apartments that afford tenants protections against eviction and large rent increases. >>
>> “What I’m giving up is so valuable to me,” said Veronica Sofio, 60, a preschool teacher who refused an offer of $700,000 from her landlord to leave her one-bedroom on the Upper East Side where she has lived for 35 years. “I raised my children here. We fought for parks in this neighborhood. We’re part of this neighborhood.” >>
>> Mr. Rozenholc, who represents Ms. Sofio and five other holdouts in two buildings owned by the same landlord, has staved off the owner’s eviction efforts for at least the last eight years. >>
>> A former Legal Aid Society lawyer, he has a reputation for patience. He works on contingency, taking a third of the buyout money. >>
>> Lawyers who negotiate such buyouts reject the notion that they are shaking down developers. >>
>> “That’s what the market is,” Samuel J. Himmelstein, another tenant lawyer who negotiates expensive buyouts, said. “People make an economic decision to pay because they’re still going to make a tremendous amount of money. My heart doesn’t bleed for them.” >>
>> Indeed, on the other side of the table, lawyers like Mr. Belkin make their own calculations and draw up battle plans before deciding whether to break out the checkbook. >>
>> They hire private investigators to identify tenants who are violating rent regulations. That gives the owner a legal right to evict or a way to induce to leave with a low buyout. They go to tenants with offers of relocation. >>
>> And there is always the hope that the tenants will cave, perhaps fearful of a long, unpleasant fight. >>
>> “Both sides play chicken,” Mr. Belkin said. “Who’s going to blink first? If they blink at the same time, you have a deal.” >>
>> Demands for big buyouts can lead owners to abandon the project, try to wait the tenants out or, in some cases, successfully build around them. >>
>> In Ms. Sofio’s building at East 65th Street and First Avenue, holdouts said victory would come only with the landlord giving up his plans to raze his buildings. The owner, Kamran Hakim, whose Hakim Organization owns a sizable amount of real estate in the city, did not answer requests for comment, nor did his lawyer. >>
>> As the standoff has dragged on, tenants have complained to the city about vermin and intermittent heat and hot water and live in semi-empty buildings. >>
>> But home is home.
>> “We look out for each other,” said Norman Sponder, 65, a retired physician assistant who has lived in the same apartment in the building for 40 years. >>