Comment: Keep in mind

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Keep in mind

those who use conventional thinking often do not get too far ahead. At least do not put more that 50% of your savings into silver.

Since none of us could read the future (von Mises misread potential of Asia, for example), Milton Friedman was wise to comment on inflation: "You cannot personally escape it if government prints money. The best thing you can do for yourself is to spend money to enjoy life NOW."

Since it is possible that due to weaker dollar, high fuel prices make international travel a luxury beyond what an average American can afford, taking your loveone on a luxury trip might be the last chance you may have as a young person.