Money

**HipoGear** · 11-14-2015, 07:33 PM

Originally Posted by logansryche

I myself know alot about certain fiat currencies but don't talk about them because they have no place in the world of scrapping.

That is why I posted in 'Off Topic Discussions'. I also beg to differ ...

Many here likely know much about fiat currencies and that they are all doomed to fail.

If you believe that line of thinking and follow the logic of this article, the question it begs is how many people do you know that will be walking around with a pocket full of gold coins? If that day ever comes, won't most people then be trading with Silver (more affordable) and non-ferrous metals? How will you trade for necessities and other things you desire?

Is the turn and burn strategy short sighted? Maybe stockpiling now makes a lot more sense than most have considered.

**logansryche** · 11-14-2015, 08:19 PM

Originally Posted by HipoGear

That is why I posted in 'Off Topic Discussions'. I also beg to differ ...

Many here likely know much about fiat currencies and that they are all doomed to fail.

If you believe that line of thinking and follow the logic of this article, the question it begs is how many people do you know that will be walking around with a pocket full of gold coins? If that day ever comes, won't most people then be trading with Silver (more affordable) and non-ferrous metals? How will you trade for necessities and other things you desire?

Is the turn and burn strategy short sighted? Maybe stockpiling now makes a lot more sense than most have considered.

Honestly I believe we're forced into turn-and-burn for one reason or another, wither we don't have the space for it or law says we can't because it looks bad. I haven't come across many that know alot about fiat currency but there is a forum full of people for one type that believe their currency is the future of all currency because it levels the playing field(and have believed it since the 60s). Honestly I like the idea of a credit or barter system but neither have real world applications. I could go on about it but don't want to bore anyone with my ramblings.