by Dustin » Fri 20 Aug 2004, 15:20:18
We have been hearing differing plans of what so and so plans to do, where to build, what plants to grow, et cetera et cetera. My question for everyone is, what goods to people plan to have to barter?
I recognize that the economy is going to come crashing down and money is going to be worthless from hyper-inflation (similar to Russia after the collapse of the Soviet Union), however I see still the value in having goods available to trade for other goods either too PITA to make or unavailable. I think it should be apart of anyone's or any community’s plan to have trade-ables ready for the future.
1. Silver and Gold. Money use to be based off these two precious metals for their inherit value. Examine the history of these two, thier exchange rates rise and fall with inflation. Since the dawn of time, one ounce of gold has always purchased around 400 loafs of bread, its value has remained constant through depressions, recessions, booms and war. While money will be worthless in about 20 years or so, these two will remain very very valuable trade items. For an individual, buying up once coins of silver will be very affordable and convenient. I would not buy only gold, because gold is so valuable, it will be like having a 1,000 dollar bill to buy tic-tacs. Silver is of much lower value, so it would be more convenient to trade on barter markets. As the amount being invested in metals grows, gold should be included but in smaller quantities.
2. Food. This is the obvious trade item, so I will not focus too much on this one.
3. Tobacco. Tobacco is very intensive to grow, can’t be eaten, and is destroyed in its use. However, I'm sure that there will still be addicts in the future unable to get their fixes. The value will surely skyrocket and be very easy to trade. Bonus, they come sealed and can stay good for a very very long time while not opened. Buy it up now and store it away from everyone, even if you are not a smoker.
4. Matches, how many people do you know, know how to use flint and steel? I doubt there will be many Zippos around in the future because they too run off hydrocarbons.
5. Hard Alcohols. Very portable, easily stored, doesn’t go bad too quickly. I’m sure there will be people distilling their own moonshine, but imagine what people would be willing to trade for the Real McCoy.
6. Tools. The people who got the richest in the 1850's in California and Nevada never looked for gold or silver, they were the ones who sold the shovels and pick-axes.
What else should be on people's barter list? We need to get a list going so everyone knows what to stock up on to trade.