If we had to pay in gold, silver, copper, vs. Dollar?

[thecrazyone]

If we have to go back to paying like in the past, how will we pay? Do you hand someone a 1g bar and they give you ingots back for change?

[TXSTARFIRE]

Happy 1 year RealCent anniversary TCO.

[thecrazyone]

Happy 1 year RealCent anniversary TCO.

Thanks!! I've learned a lot!!

[franklin]

I will have some table at a local gun show soon. Powder and primers are in short supply nationwide and I am willing to trade a pound of powder for an ASE. Haven't figured out the trade equivalent of primers.

[coppernickel]

It will take a while for us to learn how to figure in silver and copper coins.

Gold is too big for anything but very large trades.

We will only figure it out only when FRN are unavailable.

[thecrazyone]

I will have some table at a local gun show soon. Powder and primers are in short supply nationwide and I am willing to trade a pound of powder for an ASE. Haven't figured out the trade equivalent of primers.

That will definitely be an interesting trade!

[coppernickel]

The market will always fluctuate. If I can adjust and be part of the market, then I can survive.

The lesson I learned from reading "Free Coinage and a Self-Adjusting Ratio" by Thomas Balch (1877) is, the market will figure out how to run, if it is free of coercion. If it is under manipulation, then you will see the boom and bust cycle so familiar in American Politics and American History.

[neilgin1]

It will take a while for us to learn how to figure in silver and copper coins.

Gold is too big for anything but very large trades.

We will only figure it out only when FRN are unavailable.

Copper, those three lines got me thinking, (in a good way....solutions?

1."It will take a while for us to learn how to figure in silver and copper coins."
that is going to be one big national bloody learning curve.

2."Gold is too big for anything but very large trades"
agreeed. land purchases, silo's, herds of livestock, etc.....my 'problem' is that my county is the size of Manhattan, with a population of 25,000......guarantee you, there's more milk cows and deer than are human beans....only two men know, both kin.....nobody goes hungry around here, but i doubt if there are more than 100 toz of Au......Ag?.....dunno, maybe 3,000 to 7,000 toz.

let me pose this, in america, since the commie school system doesnt teach our kids financial literacy, i wonder how many folks total, know the 1964 Wall can you imagine, when hungry folks try to buy some real food with a bag of cupronickel coins?

3."We will only figure it out only when FRN are unavailable."

that last sentence causes me a lot of concern....not you Copper.....folks that are hungry, scared and vulnerable are not too good at "figuring things" rationally.

Rather than leave it at that, one of the most fellows i know is Fernando Aquirre aka "FerFal", Argentinian guy who went thru the hellish 1999-2000 financial implosion down there, and that boy is built to survive....AND he tells us all, what post dollar trading is like.....i'll post some of FerFals resources, including his book, which is one of the best. be blessed, neil

https://www.amazon.com/Modern-Survival- ... 9870563457

Fer's website
http://ferfal.blogspot.com/

a recent review of the book by a city girl, who just bought it in April 2020......God protect her please


the man himself---interview

[IdahoCopper]

I would pay one 90% dime for a 6-inch sandwich at Subway.

That is how it will work.

[thecrazyone]

I would pay one 90% dime for a 6-inch sandwich at Subway.

That is how it will work.

I could actually see this happening. That, or maybe $2.00 in pre-82 pennies.

[Changechecker]

Up until the recent run up, I tracked some items to gauge price/value of food against pm.
I started back at Y2K and tracked up until recently.
I silver dime was the same value as a can of Campbell tomato soup in 2000 approximately 35 cents
Today a can of soup is about the same. One silver dime 2.00 one can soup approximately $1.75 to $2.00
Also did same with a dinner entree Around 2000 an entree could be had for the cost of a regular silver dollar. Today it is about the same.

[shinnosuke]

Up until the recent run up, I tracked some items to gauge price/value of food against pm.
I started back at Y2K and tracked up until recently.
I silver dime was the same value as a can of Campbell tomato soup in 2000 approximately 35 cents
Today a can of soup is about the same. One silver dime 2.00 one can soup approximately $1.75 to $2.00
Also did same with a dinner entree Around 2000 an entree could be had for the cost of a regular silver dollar. Today it is about the same.

That is the kind of data that would help people see the sinister nature of monetary debasement by central banks. Slowly, but surely, one's savings lose their purchasing power. My box of cereal has gotten smaller and the price has gone up.

[neilgin1]

Up until the recent run up, I tracked some items to gauge price/value of food against pm.
I started back at Y2K and tracked up until recently.
I silver dime was the same value as a can of Campbell tomato soup in 2000 approximately 35 cents
Today a can of soup is about the same. One silver dime 2.00 one can soup approximately $1.75 to $2.00
Also did same with a dinner entree Around 2000 an entree could be had for the cost of a regular silver dollar. Today it is about the same.

That is the kind of data that would help people see the sinister nature of monetary debasement by central banks. Slowly, but surely, one's savings lose their purchasing power. My box of cereal has gotten smaller and the price has gone up.

Nothings changed,