Building a house could be a big mistake right now.

One of the downsides to hyper-inflation is that raw materials that would normally be cheap, are no longer a good deal.

This is important to you even if you do not have any plans to build a home.  Mike Dillard hits on a few points that are very important to understand.

First of all, it is not just hyperinflation that is on the horizon.  Our economy is in a unique condition in that it has billions of dollars, in circulation right now, that were simply printed and divided out. While this may seem like a good idea at the time, there  is another aspect that many people don’t really think about.

Printed Money MUST be Compensated For

Under normal circumstances, inflation does happen.  However, there is another factor that is added when the government prints and gives away billions of dollars in the name of bailing out a company.  That money is now in circulation, giving the average person much more buying power than they had in the past.  This, of course, causes the price of everyday consumables to go up.

In the past we have seen this happen.  Sometimes it happens gradually and other times, not so gradually.  Right now we are in a unique situation as more money has been “injected” into the economy in the past 2 years than in the past 30 years combined.

This kind of influx of printed currency is just the fuel for hyperinflation to occur.

On top of that, unemployment adds another huge problem to the mix.  The unemployment rate is actually at around 23% according o John Williams over at www.ShadowStats.com.  This is another factor that most do not realize has a huge impact on the already hurting economy.

So what should a person do in this situation?

I am not qualified to give an answer for that, but I know that I personally will make sure that I have investments in Gold and Silver.  Silver is a great way to get involved in investing, without having to break the bank in the process.

There are many way to start working the economy in your favor, if you understand where to go to do that.

If  you have been considering joining The Elevation Group, I recommend getting in there as soon as possible.  With so many things that could be working against the economy and your paycheck, there is no better time than the present to get started with your preparation..

Mike Dillard lays all this out in a way that is easy to understand.

Don’t waste any more time, and find out what you can do to prepare yourself for an economy that may soon be telling you that your loaf of bread is $40!