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Gold is good because people will barter valuable things they have for gold because they expect in the future to be able to barter the gold for valuable things t
by hollerith 2y ago
Gold is good because people will barter valuable things they have for gold because they expect in the future to be able to barter the gold for valuable things they need. I.e., gold is expected by most people to continue to be considered valuable by most people.
- Rhapso 2y agoHow long do you expect that "gold has value" delusion to last in a crisis situation?
- defrost 2y agoAt least as long as a prepper can survive alone in a bunker on rations. It'll be a bit like that "WWII is still going" delusion that held out deep in the jungle on isolated islands.
- hollerith 2y agoI think you are assuming that after the nuclear war, survivors continue to live in fallout shelters and need to focus all their energies on personal survival for years and years whereas I believe that society and technological civilization reconstitute itself over months.