Lepard's Financial Advice

[gilliganscorner]

This is a common question that I get defending the gold standard to fiat.

In any Financial Armageddon, people argue that gold and silver are useless as money. ANY money is worthless if no one will accept in a trade.

Here's what you need to consider. What happens BEFORE the collapse? Is inflation running at 20% year (some say we are now)? What if it were 20% month? 100% per month? 1000% per month? Zimbabwe? What if the value of your dollar is hanging in the sky like bricks don't? The price of gold and silver is skyrocketing? This would condition people's psyches to re-awaken the fact that gold and silver is REAL money.

THAT is why it matters.

The point is before that time, none of us will accept cash, or if we DO accept it, we would never be so insane to keep it in our pockets/wallets/purses for long. We would seek to spend it as fast as we could. The person who accepted from you would do the same. And so on, and so on. Think of it like a deadly game of "hot potato".

However, those who trade with gold and silver wouldn't have to worry about a printing press (i.e. the State/Banking cartel) devaluing their Federal Reserve Points (hey, calling a point is just as good as calling it a "dollar" - an arbitrary that has no objective measurement).

My personal advice is to begin to acquire gold and silver AND build your networks of people that are willing to trade their goods and services with each other. You need to build a "counter-economy" (agorist) outside of the "red market" we all are enslaved to.

Hell, even if the State does not collapse you could still run your networks with each other trading outside of the taxation/inflation system we currently are matrixed into. Imagine where you could work part-time (you would still need Federal Reserve Points to pay off taxes and things not available in the agorist network, until new members boarded offering what was missing) where you did not have 40-50% of your income stolen by taxation and 10-20% stolen by inflation. It is STILL a worthwhile endeavor.

My debased two cents.

And no one has any thoughts about this?

 

[Ozwest]

Go to ebay, and type in: Gold Bullion.

Now, tell me there isn't a demand for your precious metals.

 

[Anti Federalist]

11 trillion dollar debt bump

 

[Arklatex]

bump gould


this thread deserves an