Fictional representations of post-crash economy?

Discussion in 'Bullion Investing' started by Cinco71, Oct 11, 2021.

  1. FryDaddyJr

    FryDaddyJr Junior Member

    in real end times metals will be worthless. they will only be special during certain times of currency crashes. you don't want high bullion prices
     
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  3. Cinco71

    Cinco71 Well-Known Member

    I agree that if we got backed to the Stone Age, no one is frying up a pan of ASE's for dinner. That said, I'm just wondering where so many people have got it into their heads that (for instance) they need to stock up on silver dimes because they think that'll be the fractional currency we'll revert to if our economy absolutely bombed. I thought maybe that sort of thing had played out in books or movies I've not seen. Or if there are any real life examples of modern economies tanking and the populace digging out old silver coins as their medium of exchange.
     
  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Au contraire mon frere. I can guaranty without a shadow of a doubt that lead will be far from worthless. As a matter of fact, lead will be worth its weight in gold ;)
     
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  5. slackaction1

    slackaction1 Supporter! Supporter

    Its not going to happen PERIOD. Its based on possible thoughts or ideas not actual ones. I am bad at hypotheticals, and what IFs, doom and glooms
     
  6. Kentucky

    Kentucky Supporter! Supporter

    1) Dimes are a small enough size and weight that they can be exchanged without cutting them for change 2) you can fill a 12 Ga shotgun shell with them for killing werewolves.
     
  7. FryDaddyJr

    FryDaddyJr Junior Member


    thinking you are going to survive a bunch of firefights is more fantasy
     
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  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That seems like such a very long time ago…LOL
     
  9. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Firefights? I don't recall the discussion going in that direction. We're talking about the value of metals in a post apocalyptic world. Lead/bullets will indubitably retain more value than gold and silver.
     
  10. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Most people fail to recognize that, while barter would be the primary mode of exchange in a post-apocalyptic world, a store of value is still necessary. Money exists to address that need.

    Harkening back to primitive times and needs, useful exchanges would involve the following, and more:
    • Livestock
    • Fish
    • Garden produce
    • Arable land
    • Water
    • Weapons
    • Tools
    • Firewood & fire
    • Cotton / wool / fur
    • Shelter
    • Traps
    It would be unusual for anyone to be completely self-reliant because, absent the efficiencies of today's modern conveniences, all tasks would take more time and energy than we individually would have. Out of necessity, we would likely all become specialists in meeting everyone else's needs of one kind or another.

    Our supplies and productive times of the year likely would not match up with those producing what we wish to barter our product for. Therefore, a way would be needed to store the value of what we would produce in November to acquire what won't be available until June.

    Not only would money be needed to bridge the gaps in availability of goods to be exchanged, but also to accumulate value over time to bridge differences in value. Three years worth of garden produce for a plot of land, as one example. Further, money facilitates the giving of change back in order to make trades equitable . . . A hatchet for a basket of fish and some money back in change, for another example.

    This is my understanding of the need for, and the undocumented genesis of money, in whatever form.

    I don't think it matters whether we're talking about a post-apocalyptic world, or post fiat-collapse, the need remains for a store of value that is trusted, convenient and securable.

    Whether coins, seashells, gold dust, buttons or bear claws, some widely accepted and compact (thus easy to protect) store of value . . . money is necessary.

    Given the fact that mankind has longest and most universally honored silver as money, I suspect that Mercury Dimes and the like have a leg up on most other candidates. I cannot even think of a close-running second.
     
    Last edited: Oct 15, 2021
  11. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I daresay, he who has more lead is more likely to survive them than fall victim to them.
     
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  12. jb10000lakes

    jb10000lakes Well-Known Member

    Knowledge. How many people have working knowledge of chemistry, physics, mechanical engineering and the like? I'm of the age (56) where we still had to learn all the concepts and the math that went with them 'paper and pencil' style. Imagine the big EMP that takes out all the electronics? The person who can design/build a rudimentary windmill system to pump water/grind grain/generate electricity, etc. is going to be in high demand.
     
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  13. longnine009

    longnine009 Darwin has to eat too. Supporter

    People won't be laughing so hard at "A Country Boy Can Survive." Or busting a gut over the "crank" down the street with 500 Lindsay Publications books in his garage.
     
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  14. leAurenard

    leAurenard New Member

    An apocalyptic event would certainly be an 'equalizer' but even then the adage "all of us are equal but some are more equal than others" would be true. Those in power whom controlled distribution of food, water, heating fuel, etc. would certainly "trade" for silver or gold. It's basic human nature...greed. :)
     
  15. leAurenard

    leAurenard New Member

    In 1958 as a newly minted Private First Class in the USMC I received the handsome sum of $78.00 per month.
     
  16. usmc 6123

    usmc 6123 Active Member

    In 1978 the USMC gave me $6300 for the year. It was all used for beer.No problem just enough.
     
  17. losthomer

    losthomer Active Member

    While a lord of the flies scenario is possible a more likely scenario is that preppers will die from a heart attack in their recliner and the heirs will throw most of the supplies in the garbage.
     
  18. CoinJockey73

    CoinJockey73 Well-Known Member

    If you think the movie was depressing, try the book by Cormac McCarthy. It's horrific. He also wrote No Country for Old Men and Blood Meridian, to name a few. That should give you an idea about the book, lol.
     
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  19. Cinco71

    Cinco71 Well-Known Member

    Blood Meridian and No Country for Old Men are two great novels (The Road is good, too, though not necessarily great), and McCarthy is probably my favorite writer.
     
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  20. CoinJockey73

    CoinJockey73 Well-Known Member

    Blood Meridian. I'm still struggling to get through it. It has one sentence in it that lasts almost a full page. One sentence. It's an horrific read, lol. Although i was developing a man crush on Judge Holden. I can see why people say Anton Chigurh is based in him. I'll have to take a more serious approach, i gave up too easily. I usually read horror, and the only reason i picked it up is because i heard it is the true definition of horror with how brutal it is. So far, meh, lol.
     
  21. crazyd

    crazyd Well-Known Member

    If we are talking some true apocalypse/collapse of society - large parts (most) of the population will die. Myself included. Silver wont be worth much of anything. A bottle of vodka would be worth more.

    Better to prepare for what has happened historically - including recessions, inflation, depressions, pandemics. Also what we know is already here - climate change driven extreme weather heat, droughts, floods, hurricanes, etc. With these things having some savings in both cash and PM can be a good way to get through these events.

    Lastly try to prepare for personal crisis - job loss, serious illness or injury, divorce, loss of loved ones. Again some personal savings or stash of PM's you can cash in are a good part of this plan.
     
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