[Spirochete]

#2 27 percent of all Americans do not have even a single pennysaved up.

How do savings help in an economic collapse? Not a depression, I'm talking about an actual Thunderdome-style collapse.

[Kartographer]

It wouldn’t, but historically collapse tend to be more like Argentina rather than Bosnia, but I think we will soon see one that will be a mix both, it will just depend on where you live.

[miliantnutcase]

Yep, in that case you need barter items; ammo, food, water, clothes etc.

[Theoria]

That one is up to debate.

There are various forms and levels of collapse, and toward savings as well.

Some use money as a metric, then there is the type, gold, then there is food, supplies and other necessities.

The whole idea of preparing is full of different rabbit holes ya can go down.

[vg0va3]

If you have $1000 and no one else has money to buy goods the prices drop and your $1000 worth much more.

[Tolerance Sucks Rocks]

How do savings help in an economic collapse? Not a depression, I'm talking about an actual Thunderdome-style collapse.

I suppose you could use them to bribe the local goons to kill somebody else instead of you.