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To: Roscoe
Fantasy time.

Who will then? The city dweller with a weeks supply of food and no money after the hyperinflation? I don't think so. Most farms today are massive operations they will have the grain everyone will need. It will be a matter of who has the ability to pay, and then who is the best beggar.

253 posted on 06/29/2002 3:01:36 PM PDT by #3Fan
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To: #3Fan
The city dweller with a weeks supply of food and no money

The nutjobs with a bag of coins they're afraid to test out?

254 posted on 06/29/2002 3:09:12 PM PDT by Roscoe
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To: #3Fan
"Who will then? The city dweller with a weeks supply of food and no money after the hyperinflation? I don't think so. Most farms today are massive operations they will have the grain everyone will need. It will be a matter of who has the ability to pay, and then who is the best beggar."

The average American probably owns a pound or more of gold jewelry. It will be offered at once, en masse, by the public at large for the first bowl of rice in a famine, if Dollars are somehow no longer valid.

Those pounds and pounds of gold jewelry will put gold very low on the list of "rare" commodities that people with valuables (e.g. food, water, guns, ammo, shelter, transportation, fuel, and clothing) will be interested in weighing themselves down with or trading for.

People such as yourself will be begging those of us with food, water, guns, ammo, and transportion to trade some of what we have for the worthless yellow metal that you have hoarded.

Don't count on finding many takers.

266 posted on 06/29/2002 4:35:26 PM PDT by Southack
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