The "asset economy" but what will be the legal tender if anything?

[Marty Champions]

since paper money is paper and has now real value paper money is SHIT in less than some years the government will come forth and say your money is no longer useful, and gold is too scarce for legal tender. We have no choice other than to be an asset economy where "goods" are payment and trade, you know like trading protien powder for some good food at the grocery store as a form of purchasing  . yes kinda difficult but i dont see any legal tender thats available enough unless its silver or copper to go around. maybe there is another gem or metal im missing

i beleive whoever can pin point the right gem or element will be a rich man, but i dont think its gonna be gold

[Mr Nobody]

since paper money is paper and has now real value paper money is SHIT in less than some years the government will come forth and say your money is no longer useful, and gold is too scarce for legal tender. We have no choice other than to be an asset economy where "goods" are payment and trade, you know like trading protien powder for some good food at the grocery store as a form of purchasing  . yes kinda difficult but i dont see any legal tender thats available enough unless its silver or copper to go around. maybe there is another gem or metal im missing

i beleive whoever can pin point the right gem or element will be a rich man, but i dont think its gonna be gold

I think we need to look to this guy for the answer Falcon. I heard AC units and lawnmowers may be the answer for now as far as bartering goes.

[ManBearPig...]

since paper money is paper and has now real value paper money is SHIT in less than some years the government will come forth and say your money is no longer useful, and gold is too scarce for legal tender. We have no choice other than to be an asset economy where "goods" are payment and trade, you know like trading protien powder for some good food at the grocery store as a form of purchasing  . yes kinda difficult but i dont see any legal tender thats available enough unless its silver or copper to go around. maybe there is another gem or metal im missing

i beleive whoever can pin point the right gem or element will be a rich man, but i dont think its gonna be gold

yes, if we could only think of some kind of a system where we could assign a unit of value that would help us approximate values of items comparative to other items....and then trade those units of value rather than items or fractions of items themselves....hmm....

[makaveli25]

precious metals, canned food, ammunition will be the new currency when the shtf. Drugs and alcohol will be huge. Especially narcotics.

[Mr Nobody]

precious metals, canned food, ammunition will be the new currency when the shtf. Drugs and alcohol will be huge. Especially narcotics.

Spot on adidctions are the key they will never go away.

[Rami]

precious metals, canned food, ammunition will be the new currency when the shtf. Drugs and alcohol will be huge. Especially narcotics.

but when that far down the line and there is no fuel or electricity most people in the developed part of the world will simply have no access to drinkable water.

clean drinking water will be that rare must have element, everyone will strive for it.

[tbombz]

yes, if we could only think of some kind of a system where we could assign a unit of value that would help us approximate values of items comparative to other items....and then trade those units of value rather than items or fractions of items themselves....hmm....

johnny we have to use paper money, otherwise known as fiat money, these days. in our diverse economy it doesnt make any sense to do it any other way. things have comparative value and it would be terribly difficult to get the goods you needed with the goods you possessed because youd always have to go searching for people who valued your goods as much as you value them, and not everybody does. for example, lets say you have 5 chickens and you need some milk. you go down to farmer joe and want to trade him your chickens for milk, but he will only give you a half gallonf milk cuz to him the hcickens are not valuable.. he already has an entire chicken ranch and 5 chickens doesnt mean shit to him. but he only has a few cows and limited milk. you see? paper money is the best solution to this problem as well as the plethora of others that come along with specialization and diversification of the economy.