I suppose you could end up trading your food for gold later.
True. I have this idea in the back of my mind to bake bread and sell it for Silver Eagles in the distant future! And support ourselves that way.
>>>>I suppose you could end up trading your food for gold later.<<<<
Oh yeah!... If someone who hoarded gold is really really hungry, that gold coin doesn’t satisfy much. If they want any of my bread, eggs, chicken, venison, beef, sausage, vegetables, it is going to be worth a lot of gold!!!
But then again, grab this rope and pull my plow for a day and I will feed you three meals - you can cuddle up to your bag of gold coins tonight. (grin)
Hmmm which trade would I rather make - an ounce of gold or a 55 gallon barrel of stabilized gasoline for a supply of food. Gold = $1,000 now Gasoline = $99 for 55 gal.
With that 55 gallons of gas, I could till and cultivate my acre and a half garden for a whole year or run my smaller generator for an hour a day for 48 days.
Do I really have to think which one I would trade for?
It is all about perceived value!