WWYD: Money is now worthless., page 1
Pages: <<  1    2  >>
ATS Members have flagged this thread 4 times


reply posted on 25-10-2007 @ 12:12 AM by telemetry
Excellent question indeed...

I'm sure that this an abundant thought with most of those that are survival minded in one way or another, seemingly taboo but yet utterly important. This is a very difficult subject to approach.... and I would really like to see ths topic expanded upon here on ATS.

To get the ball rolling,
It would entirely depend on the scenario as there are alot of variables that could cause such said event, but I'm gonna go out on a limb here and take a moment to open up a possible catastrophe and how I myself would react in this circumstance. Following on the old saying "it is going to a h..l of alot worse before it gets better" thing.
(hypothetically broad assumption situation following)

The current predicament of the world...... and all monetary exchanges have left the physical realm, the peoples no longer rely on the posession of paper currency or coinage.. instead they place their trust in financial institutions "in some form" to watch over their net worth. They do it out of comvenience, it become easier to swipe a plastic card or wave a keychain sized magnetic strip at point of sale, than to first go to the bank... withdraw some cash, fumble through the wallet.... "oh wait.... remember how to count here...." Nobody wants pockets full of worthless coinage going through the washing machine 'eh? In the process of sacrificing our valued money in the sake of convenience we have also succombed (sp) to technology. And "what if" techonology fails? Then what? No longer do you own what you think you owned. Scary thought to say the least. What about all those people who are on the Forbes 500? How will they fair?

Something happens... possibly from a large scale man-made disaster or even something as simple as a natural event, maybe even something we had prior warning to. In the panic, people rush to banks.. ditch stocks, pack up their bags and grab a clean pair of socks... plastic up their windows and board the doors shut, and you now only have what you have near you.
That is all and you have, desperate times call for desperate measures right?

Me?
Well bartering would be the best option. If it was a total TEOTWAWKI situation most of us would be lucky to escape with whatever we had in person at the time, and in all honesty if I was lucky enough to have my crap together before the fit hits the shan, I might have a kit with some basic essentials, (the usual) add a few pieces of silver and gold... and some clothing. I would take stock of the situation, and try to remain rational while seeking advantages for betterment... call me a realist but my mind is alot sharper than my knife

I'm unsure, I will admit..... and that sort of situation would surely take it's toll on sanity very fast, so in closing... I would look for likeminded people to trade knowledge and whatever goods I could muster. Great post! Would like to see where it leads



/T\
Pages: <<  1    2  >>    ^^TOP^^



Amazing French Indigo Girl in Africa (Tippi)
  Posted 2 days ago with 61 member flags
My Dad is on the NatGEO "Doomsday Preppers". And I\'m proud of him!
  Posted 11 days ago with 54 member flags
Hello again preppers and survivalist. Life changing reality.
  Posted 12 days ago with 32 member flags
Hobby or Second Income Homemade Soaps, Sundry, and Remedy Recipes
  Posted 18 days ago with 21 member flags
NATGEO Doomsday Prepper has guns taken away. Judged incompetent.
  Posted 3 days ago with 14 member flags
Do Not Drink From The Tap!
  Posted 12 days ago with 9 member flags