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To: Kartographer

Will reserve cash be worth anything if things collapse? And will gold or silver be worth anything if eating and fighting off starving looters are the most important considerations of the day?


3 posted on 06/11/2012 5:48:01 PM PDT by MtnClimber (To the left wrong is right, down is up and backward is "Forward")
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To: MtnClimber

It depends on how bad it gets.


4 posted on 06/11/2012 5:49:13 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: MtnClimber; driftdiver

“if things collapse”

It’ll get bad if that happens. Be very prepared.


5 posted on 06/11/2012 5:53:54 PM PDT by Carriage Hill (All libs & most dems think that life is just a sponge bath, with a happy ending.)
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To: MtnClimber
Will reserve cash be worth anything if things collapse?

Probably not, but ammunition will be worth a lot.

17 posted on 06/11/2012 6:24:00 PM PDT by The Duke
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To: MtnClimber

You pretend to be as bad off as everyone else so no one will know what you have.


31 posted on 06/11/2012 7:09:21 PM PDT by Marcella (God wouldn't vote for Romney so I won't, either.)
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To: MtnClimber

At first gold and silver will be pretty much useless. As the sitation stabilizes at a much lower level, as people get used to it, gold and silver will become useful. For a very short initial period i imagine cash will be good but the value of it will decline to nothing pretty quickly.


93 posted on 06/12/2012 11:59:20 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson)
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