It's always been a barter medium. When a farmer has a field full of crops he just can't sit on it and sure can't just trade for things needed so it fills that gap.
FRN's, oil, wood, nails, tools, concrete, batteries, flares, coal, guns, ammo, steel, shingles, propane, clothing, fishing line, and a host of other essentials.
The argument works both ways. Obviously food and shelter come first. For as long as man has been civilized, gold and diamonds have helped him to acquire that food and shelter.
Guns and ammo facilitate the bartering process during an economic meltdown.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
FRN's, oil, wood, nails, tools, concrete, batteries, flares, coal, guns, ammo, steel, shingles, propane, clothing, fishing line, and a host of other essentials.
The argument works both ways. Obviously food and shelter come first. For as long as man has been civilized, gold and diamonds have helped him to acquire that food and shelter.
roadrunner
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire