Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: BobL
perhaps there will be nothing to buy with our cash....perhaps ever gold and silver bars and diamonds would be of no use IF all trucking and shipping stopped...

what goods could one buy?....maybe nothing....

I mean I want to store cash but right now I'm just buying up on canned meats and veggies etc...

78 posted on 09/10/2012 8:06:08 PM PDT by cherry
[ Post Reply | Private Reply | To 41 | View Replies ]


To: cherry

“perhaps there will be nothing to buy with our cash...I mean I want to store cash but right now I’m just buying up on canned meats and veggies etc...”

I don’t consider myself an expert here, but usually markets develop, regardless of the collapse, with the exception being when a political entity (like a militia or army or police) intentionally prevents supplies from getting in. So, I think there will be stuff around, if you have money, or, in some cases, something to barter with.

As to building up an inventory - I’ve done 4 years worth of everything I can think of, other than food, water, and gasoline (although I do keep a decent amount of food, and have ways to retrieve, store, and purify rain water, and have plenty of gasoline, assuming that I won’t be driving every day). What I think is more likely than a total societal collapse is a crashing of the dollar - which makes everything go up in price several times (i.e., the Chinese pull the plug on us). When that happens the public will demand that government “do something” - and about all they can do at that point is price controls - which guarantee shortages - which is why I have such a healthy inventory. It’s more for comfort (i.e., not having to stand in lines for hours to buy paper towels, for exampe), rather than trying to go it alone in society where people are reduced to wild dogs (if we get there...yipe!).


81 posted on 09/10/2012 8:34:25 PM PDT by BobL (You can live each day only once. You can waste a few, but don't waste too many.)
[ Post Reply | Private Reply | To 78 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson