INfo on Global Recession when China is still eating and putting money in Africa and other countries. Only the WW2 Allies are in recessions if you noticed.
In general yes, but in a road warrior type of scenario that daze23 is referring to gold is as useless as t*ts on body armor, because trade based on any type of currency is impossible. Humanity would revert to a primitive barter system, where the only trade is between goods of similar utility for survival.(i.e: you give me a pistol and some ammo, I give you a pig and a basked of eggs)Not completely sure what you mean but in general it's a scares resource.
Not completely sure what you mean but in general it's a scares resource.
it has some value because of it's conductivity and how malleable it is. but those properties don't have much to do with it's current worth, or it's potential as currency. much of it's worth is just based on arbitrary traditions. in that way it's not much different from paper money
In general yes, but in a road warrior type of scenario that daze23 is referring to gold is as useless as t*ts on body armor, because trade based on any type of currency is impossible. Humanity would revert to a primitive barter system, where the only trade is between goods of similar utility for survival.(i.e: you give me a pistol and some ammo, I give you a pig and a basked of eggs)
How many of these people own actual bars of gold instead of just slips saying that they do?
can you eat gold? can you make a fire with it?
what is it good for?
How many of these people own actual bars of gold instead of just slips saying that they do?