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Global Economic Collapse

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    DakotaRog is offline Metal Recycling Entrepreneur
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    t00.....- I'll take all your printed things if you don't want them and we'll see how long it takes until no one will take them !!

    Not that I frequent them but when hookers stop taking printed things as payment, then you know a see change is at hand.



    I don't know if there's a situation where fiat money suddenly all goes valueless, its so ingrained in people to pay with it, and now it doesn't even have to be physical, just electronic transfers. I bought the book Death of Money a couple of years back because I had just a long lay-over at a an airport. I thought the book very interesting but some of the scenarios seemed a bit far out there. I think a more interesting case would be what if the electrical grid and all the electronic payment/transfers capabilities went down and stay down for a good long time (6 months or more), what would happen then with "money"?? There's a report out there about if the right 50 or less places were hit, it would take the electrical grid down for extended period of time (6 months to over an year). That would certainly put a crimp in the typical American lifestyle and probably collapse your pyramid payment scheme.

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    I've never put much stock in paper money. Skills, knowledge, tangible items, bartering said tangible items (like tools, metals, crops), and labor get me along as well as I need.

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    t00nces2 started this thread.
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    Quote Originally Posted by DakotaRog View Post
    t00.....- I'll take all your printed things if you don't want them and we'll see how long it takes until no one will take them !!

    Not that I frequent them but when hookers stop taking printed things as payment, then you know a see change is at hand.

    I don't know if there's a situation where fiat money suddenly all goes valueless, its so ingrained in people to pay with it, and now it doesn't even have to be physical, just electronic transfers. I bought the book Death of Money a couple of years back because I had just a long lay-over at a an airport. I thought the book very interesting but some of the scenarios seemed a bit far out there. I think a more interesting case would be what if the electrical grid and all the electronic payment/transfers capabilities went down and stay down for a good long time (6 months or more), what would happen then with "money"?? There's a report out there about if the right 50 or less places were hit, it would take the electrical grid down for extended period of time (6 months to over an year). That would certainly put a crimp in the typical American lifestyle and probably collapse your pyramid payment scheme.
    Thank you for the thoughtful gesture. At this time, I have found others willing to trade for things I want for the printed dollar. The thing that really brought the realization of what could be was stamp collecting as a kid. I found a bunch of stamps that had one denomination printed and another denomination stamped over top of it. You could easily tell what was done, but it intrigued me that it had been done. I still have the collection and I keep these stamps around to keep in mind what it is that "could never happen". This is one of them. It is a 5 Thousand that has had 2 million stamped over it...

    Last edited by t00nces2; 12-03-2015 at 09:06 PM.

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