by Vexed » Wed 17 May 2006, 15:56:06
$this->bbcode_second_pass_quote('', 'I') understand that the civilized world has used precious metals and stones as the standard for trade for thousands of years but what would you trade for a never been used sleeping bag on a cold night? What would you trade for some fresh salsa on three fresh scrambled eggs.
Currencies are the "standard of trade."
Precious metals are for storing value.
There will always be rich people (relatively), no matter how bad things get, and they will always need a means of storing value - whether that is in gold coins or slaves or land.