I had an ex who couldn’t fathom why in a walking dead/fallout scenario I’d personally not choose to trade with gold, but actual useful and tangible goods like food, ammo, salt, skills…
Their whole argument was gold has always been valuable so it’ll always be valuable and I was like “the fuck good would gold do me when I’m starving”
Thank you! It has never made sense to me, either. Hoarding gold did make some sense back in the day when you were fleeing a local or regional calamity, or could expect to see a return to relative normalcy in your lifetime. But if global civilization collapses from climate change or similar, gold will have no practical value to a refugee or survivalist.
I have a spice rack that takes up a large portion of my bugout bag. I guarantee that when I start cooking and whip out some Saffron, powdered Sumac Berries, and Turmeric for a rice dish, and people will just want me to stick around and cook for them. Especially since I also have my, my father’s, and my grandfathers BSA manuals, each of which has different pictures of various edible plants, herbs, and spices that can be found in the various parts of the world.
It’s valuable because barter economies aren’t real and don’t work. All the alternatives you mention are difficult to transport, not fungible, or not scarce, so they won’t work as a currency. Either we revert back to gift economies where distribution of goods happens within a community and follows cultural rather than economic rules, or the market settles on a currency for standardized arbitrary transactions between strangers that has the necessary properties of a currency.
I had an ex who couldn’t fathom why in a walking dead/fallout scenario I’d personally not choose to trade with gold, but actual useful and tangible goods like food, ammo, salt, skills…
Their whole argument was gold has always been valuable so it’ll always be valuable and I was like “the fuck good would gold do me when I’m starving”
And if you have gold, someone with ammo will always find a way to “trade” for it.
Just a question of how fast the ammo goes during the exchange.
Thank you! It has never made sense to me, either. Hoarding gold did make some sense back in the day when you were fleeing a local or regional calamity, or could expect to see a return to relative normalcy in your lifetime. But if global civilization collapses from climate change or similar, gold will have no practical value to a refugee or survivalist.
I have a spice rack that takes up a large portion of my bugout bag. I guarantee that when I start cooking and whip out some Saffron, powdered Sumac Berries, and Turmeric for a rice dish, and people will just want me to stick around and cook for them. Especially since I also have my, my father’s, and my grandfathers BSA manuals, each of which has different pictures of various edible plants, herbs, and spices that can be found in the various parts of the world.
That’s why there’s a thriving bottlecap trade after the apocalypse.
It’s valuable because barter economies aren’t real and don’t work. All the alternatives you mention are difficult to transport, not fungible, or not scarce, so they won’t work as a currency. Either we revert back to gift economies where distribution of goods happens within a community and follows cultural rather than economic rules, or the market settles on a currency for standardized arbitrary transactions between strangers that has the necessary properties of a currency.