...and how anyone could proof,
when did you bought that silver dime, i.e. you can always say that you've bough it 10 min.s ago from the guy on the corner, for $90k. Problem solved.
...small transactions like that are not a problem. But big ones (re: buying real estate, for example), would be - without attracting all kinds of wrong govt attention.
My take (and probably, my way forward, if I can pull this all out) - I will be buying some land, sooner rather than later, and getting some half of it's value mortgaged - and using non-floating interest rate mortgage (they are more expensive, but I will not be getting too much of it, and will use rather short payback time). The other half of the value, I plan to have it tucked in my mattress (in the form of Au/Ag, 50/50). So in case of hyperinflation, possibly, my other half of land will pay back on itself - will be paid with worthless money, pre-hyperinflation figures. Something along the lines had actually happened to many people having their non-adjustable interest rate mortgages in Poland, in early '90ties - we've had a period of a hyperinflatin back then, when exiting centrally-planned economy, and entering the market economy. Some people's monthly payments went down to a less than a bottle of a beer, post-inflation
Even if things get really sticky, I shall be able to gradually unload my PMs, and pay any due fees with them - staying below the radar.
That is the plan, at least
Still not sure if I want to do this here in Ireland, or try my luck in New Zealand instead.
Yet another thing is, that continuosly more US states are either legislating, or at least conducting studies, on re-instantiating Au/Ag as a legal tender. I don't remember the specifics, but I believe that one had already passed appropriate laws (Louisiana???), and few are considering/studying it. (If it is not bullish, I don't know what is
). So the trends at least at state level, seems to be rather the opposite way - getting rid of xcess taxation of PMs, rather that punitive taxing them