Warning! This is a trick question. At what point during drastic hyperinflation are you going to sell your good money, that has endured through all human history, to purchase worthless royal toilet paper?
We have all been subjected to "dog training" (especially over the last 5 years) where every slight rally in our chosen money is followed by a punishing loss of purchasing power. Unmask the wizard! The brutal royal fraud is at his end of days.
But of course you already know this, you just want to elicit the response. And of course all of those/us saddled by debt and living in fear would like to balance the books by settling debts. Reset.
Your right, but you will have to sell some eventually, we all have wants and needs. So you are going to have to let go of some eventually, into whatever the majority of people choose as money. Either that or you take it into the afterlife. I will be using some to move into other forms of hard assets like property, and maybe some ETF's when the prices return to reality.Cheers
Ah, well then what would I spend it on, that's different. I tend to take the long view on these things and not even consider that we will have to "exit" back into something when we have already found God's own money to use. (Our Father who art in Nature)
And you are pointing to another thing: that SAVINGS is a kind of sacrifice. It is a choice, a restraint, self-denial, a predilection not to over-consume. Sound economics is built on savings, investment and production, that's how wealth is created. Keynesian economics is a form of feudal slavery that favors the destruction of wealth for the masses of humanity.