3 ms·
If it reaches the point where the USD isn't a viable trade mechanism, your gold isn't going to help you. Someone is just going to take your food and water. They
by KGIII 9y ago
If it reaches the point where the USD isn't a viable trade mechanism, your gold isn't going to help you. Someone is just going to take your food and water. They won't bother with the gold. I guess you could melt it into bullets.
- jopsen 9y agoI wasn't suggesting an end-of-world scenario. Merely that no investments are going to hold their value.
- KGIII 9y agoIf your investments hold no value then everyone else will have come down in a similar proportion - assuming you're diversified. So, you might have a lower total number but your value will still be pretty similar, as will your buying power. Right? I may be missing something, but that's kinda what I recall from econ. To be clear, that was 1982 that I last took an econ class.