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<p>[QUOTE="Blaubart, post: 1676866, member: 37498"]It's not a fantasy, and I don't know anyone personally who is hoping for an economic meltdown, or an SHTF scenario. It's more about being prepared. Doing what you can to help ensure you'll have whatever it is you need in whatever situation you might find yourself in five, ten, twenty years from now.</p><p><br /></p><p>In your example, what if you grew more carrots than you could eat? What then? If I was hungry and wanted some of your carrots, I could try and find something I have that you need, or I could offer you some silver which you could take to someone else who does have something you need. You know, the same thing money is good for today. But since our money is worthless without a trusted government standing behind it, if the government is somehow no longer functioning, then something else that has portable value would have a place. I suppose carrots could become the new currency, but they don't have the same shelf life that silver does, and how many carrots would you need to buy a horse?</p><p><br /></p><p>Of course this isn't going to be true for every SHTF scenario out there. If we somehow found ourselves inside the Walking Dead storyline, how valuable would PM be when the population is at 5-10% of what it is now. There's more than enough jewelry, gems, coins, etc to loot, so guns, ammo, food, vehicles, gas, medicine, etc are valuable.</p><p><br /></p><p>Another thing that would be somewhat necessary for PM to be accepted as currency would be a general expectation that things would eventually return to normal. Then those people who stockpiled a bunch of silver by working their butts off helping and feeding other people could then cash in their PM for whatever fiat currency becomes the new standard.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1676866, member: 37498"]It's not a fantasy, and I don't know anyone personally who is hoping for an economic meltdown, or an SHTF scenario. It's more about being prepared. Doing what you can to help ensure you'll have whatever it is you need in whatever situation you might find yourself in five, ten, twenty years from now. In your example, what if you grew more carrots than you could eat? What then? If I was hungry and wanted some of your carrots, I could try and find something I have that you need, or I could offer you some silver which you could take to someone else who does have something you need. You know, the same thing money is good for today. But since our money is worthless without a trusted government standing behind it, if the government is somehow no longer functioning, then something else that has portable value would have a place. I suppose carrots could become the new currency, but they don't have the same shelf life that silver does, and how many carrots would you need to buy a horse? Of course this isn't going to be true for every SHTF scenario out there. If we somehow found ourselves inside the Walking Dead storyline, how valuable would PM be when the population is at 5-10% of what it is now. There's more than enough jewelry, gems, coins, etc to loot, so guns, ammo, food, vehicles, gas, medicine, etc are valuable. Another thing that would be somewhat necessary for PM to be accepted as currency would be a general expectation that things would eventually return to normal. Then those people who stockpiled a bunch of silver by working their butts off helping and feeding other people could then cash in their PM for whatever fiat currency becomes the new standard.[/QUOTE]
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