2 ms·
Or instead of gold they can just trade the empty cans and if you happen to have enough of a functioning society they can also just trade on debt (see Tallystick
by lesuorac 3y ago
Or instead of gold they can just trade the empty cans and if you happen to have enough of a functioning society they can also just trade on debt (see Tallysticks [1]).
Investing in gold as a hedge for the collapse of society is imo a really piss-poor idea. Either invest in stuff you can use (i.e. food) or stuff that will be demand (Ham radios, firearms). Gold is just not going to be the future medium of currency there isn't enough of it in practical sized values.
[1]: https://en.wikipedia.org/wiki/History_of_money#Overview https://en.wikipedia.org/wiki/History_of_money#Overview
- bluGill 3y agoGold - because it is pretty - will always have some value. Ham radio is only useful if you can power it and find someone else with one who can also power it, my guess not enough people will have them to be useful. firearms are only useful if you have ammo - while you can make bullets and black power it is hard to say if it is worth it. I doubt there will be much firearm trade unless there is an ammo manufacturing (no longer society collapse - though a much more likely scenereo) - people who have ammo will keep the guns that go with it. I'm not disagreeing that there are plenty of things other than gold to hold onto. However gold is still a reasonable choice for post disaster trade for the same reasons society settled on it in the first place. (note that society also used copper and silver for trade)