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Six Kinds of Currency That Might Emerge after the Collapse

by Joshua Krause, The Daily Sheeple:

Among there is a common argument between those who buy gold and those who don’t. On the one hand, gold has been used as money for thousands of years. It wouldn’t be a stretch of logic to assume that if our current monetary system falls apart, something like gold might pick up the slack.

But, on the other hand, gold by itself can’t help you survive. “You can’t eat gold” is a common saying on the other side of the debate, and I can’t disagree.

I would argue though, that it depends on how severe the collapse is. If we’re talking about an economic collapse, I believe gold will become very valuable. After the Greek economy contracted several years ago, gold was being sold on the streets of Athens for more than double its spot price.

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1 comment to Six Kinds of Currency That Might Emerge after the Collapse

  • Ed_B

    “But, on the other hand, gold by itself can’t help you survive. “You can’t eat gold” is a common saying on the other side of the debate, and I can’t disagree.”

    Well I sure as hell can! This is one of, if not THE, most idiotic arguments out there, as it says that anything of value HAS to be something that we can eat. Look at all the things that you have that are damned useful but totally inedible. Can you eat your boots? Your truck? Your chainsaw? Or any one of a hundred other terribly useful and important items? No, you can’t and that doesn’t change their usefulness one damned bit.

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