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So, where would HN users move their money in a scenario like this? My homecountry is on the default list.
by c1sc0 16y ago
So, where would HN users move their money in a scenario like this? My homecountry is on the default list.
- erikstarck 16y agoPlan A: buy gold. Plan B: buy a shotgun, a motorcycle, lots of fuel and fresh water.
- mattmillr 16y ago(a) Gold: shiny, heavy, and generally useless. Valuable only if someone else agrees it is valuable. (b) Guns, ammo, food, and fuel: Useful. Inherently valuable and good for barter.
- wil2k 16y agoWell, although you can't eat it, gold has been considered to be of value for a good couple of millenia. Why? because you can't print more of it. And a gold coin can represent more food that you can carry with you. Fiat money is consists just dead trees with ink on them or worse, it's created digitally. The story goes that over half of the current USD money supply has been created in the last 4-5 years or so... can you say inflation?!? :O
- patrickgzill 16y agoPlease cite historical examples showing cases where a person with physical gold in their hand, went hungry if food was available in the area they were in.
- wallflower 16y agoA classic first-person survival account. Argentina after TSHTF http://ferfal.blogspot.com/2008/01/most-important-need-in-first-few-days.html http://ferfal.blogspot.com/2008/01/most-important-need-in-fi...
- GiraffeNecktie 16y agoCanada
- c1sc0 16y agoWhere does Switzerland rate? Is that still a safe-haven or just hype?