Quote:
Originally Posted by wig
You are missing the point entirely.
No one is going to trade for gold (or diamonds) under your scenario for exactly the reason Agent 488 stated.
If someone has chickens, I have corn, Agent 488 has water, Nikki_Licks has ammunition and TheDemon has gold, the first four of us are going to barter but TheDemon is going to have a hard time finding someone to accept his gold until such time that there is enough order that a monetary vehicle becomes efficient.
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This is simply not true. Gold was bought and sold during the Argentina collapse (and probably in every other collapse). Black markets sprung up and they were buying specifically gold in large quantities. It was also used for general trading. They even bought, sold, and traded gold jewelry.
Will your neighbor trade for it? Probably not. But can you sell it and trade it at the markets? If history repeats itself you will be able to.
But a smart person isn't only going to have gold. They are going to have real life items that people will want and need.
Quote:
Originally Posted by wig
Worrying about this scenario should only be for those attired with tin foil hats.
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So said the people in:
China
Germany
Russia
Argentina
The United States Of America
... and so on.
All have fallen on their ass before. No one has to have a tin foil hat on to know that it can and probably will happen again. It's only a matter of when.
Shit happens. History doesn't lie and always repeats itself.