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Discussion: Currency ideas?

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Quentin719	Currency ideas? Jul 14 2010, 4:40 AM EDT Mine are: 1. Trade 2. Bottle Caps (Fallout 3 FTW!) 3. Pre existing local currency Post reply 1 out of 5 found this valuable. Do you find this valuable? Do you? Keyword tags: Currency Economy
SasquatchJim	1. RE: Currency ideas? Jul 14 2010, 8:44 AM EDT "Mine are: 1. Trade 2. Bottle Caps (Fallout 3 FTW!) 3. Pre existing local currency" Bottle caps wouldn't work. In Fallout 3, they've had 200 yards to come up with an economy and enough trust that the caps will be worth something. Local currency would be iffy. I, for one, won't be trusting a piece of paper to be worth something once the SHTF. My two favorite ideas have always been barter and ammunition. Post reply 1 out of 1 found this valuable. Do you find this valuable? Do you?
PedroAsani	2. RE: Currency ideas? Jul 14 2010, 8:47 AM EDT "Mine are: 1. Trade 2. Bottle Caps (Fallout 3 FTW!) 3. Pre existing local currency" 1, Yes 2, No 3, Maybe Post reply 5 out of 5 found this valuable. Do you find this valuable? Do you?
SterlingCooper	3. RE: Currency ideas? Jul 14 2010, 9:37 AM EDT I have a stack of pure silver 1 oz American dollar coins in my BOB. Having a gold coin is worthless unless you want to bribe your way into Cheyenne Mountain or something (I kid). I just can't see a way for a roaming trader to make change for a coin that was worth $1,600 before TSHTF. Maybe you could exchange it for an AK with a few mags and a couple hundred rounds if you got lucky. Post reply Do you find this valuable?
Filadog	4. RE: Currency ideas? Jul 14 2010, 3:20 PM EDT Ammo.....Common stuff like .22 , .38, 12 ga and 30 06 Post reply Do you find this valuable?
Drakkarius	5. RE: Currency ideas? Jul 14 2010, 3:30 PM EDT No local. It's worthless paper. Yes, I may collect pull rings and bottle caps, but thats just for fun. I don't seriously think they'll be currency. Barter is what will come of this. You won't need money cause it's worthless. You'll need food, bullets, water, entertainment, batteries, porn, and all that good stuff. ;) Post reply Do you find this valuable?
SterlingCooper	6. RE: Currency ideas? Jul 14 2010, 3:33 PM EDT "Barter is what will come of this. You won't need money cause it's worthless. You'll need...porn... ;)" Just save a girl from rapist raiders and you'll never need to trade for porn again. Post reply 4 out of 5 found this valuable. Do you find this valuable? Do you?
Drakkarius	7. RE: Currency ideas? Jul 14 2010, 3:37 PM EDT "Just save a girl from rapist raiders and you'll never need to trade for porn again." Heheheh, my thoughts too... I never said I'd keep the porn for my self, I'd trade it give it one of my loser survivor buddies. Post reply 1 out of 2 found this valuable. Do you find this valuable? Do you?
SuperSoldierRCP	8. RE: Currency ideas? Jul 16 2010, 6:10 AM EDT he who knows how to fix mount n maintain solar panels and daisy chain batteries will be GOD!!! trade is services for **** and BAM!!! Post reply 1 out of 1 found this valuable. Do you find this valuable? Do you?
DeltaBravo1294	9. RE: Currency ideas? Jul 16 2010, 6:59 AM EDT "Mine are: 1. Trade 2. Bottle Caps (Fallout 3 FTW!) 3. Pre existing local currency" IMO all three of those came from Fallout 3. Trading, or pre-existing currency (pre-war money) sound like you got them from that game. The first option is the only option IMHO. Ammunition, scavenged gear you don't need, maybe carry a Desert Eagle to trade a Mall Ninja for all his food. Post reply Do you find this valuable?
Eritsukukun	10. RE: Currency ideas? Jul 16 2010, 9:50 AM EDT Historically the first Object that had a token value rather than a material value was IOUs made of clay. "If you give me a full meal I will fix your shoes. Give me this IOU when you need them fixed" These IOU's could be impersonal meaning that The guy with the food could trade that shoe repair for a new spear to go hunt with. This later evolve into the currency we have today. You can also have currency with material value. pieces of copper, silver and gold. Any materials that you can melt and make useful objects with. Any currency that can not be traced back to usefulness or the exchange of services are doomed to fail. This kind of evolution would take at least a generation depending on how mobile things are between settlements. We will all probably be dead from old age before currency like we have today comes into play. Post reply Do you find this valuable?
Frag-12	11. RE: Currency ideas? Jul 16 2010, 10:12 AM EDT \| Post edited: Jul 16 2010, 10:14 AM EDT 1) Trade in goods and services = yes 2) Old currency - yes - gold, silver, gems, and etc 3) Current currency - maybe because either there is strong indication that society will rebound back, or for nostalgia, or to keep things simple in trying times. As for bottle caps, maybe but doubtful unless a compound is filled with Fallout fans. Post reply Do you find this valuable?
OutlawJames	12. RE: Currency ideas? Jul 16 2010, 10:43 AM EDT Actually, everything that has been mentioned falls under one catagory, That is barter or trade. Local currency will be worthless except as scrap metal and paper, there will be uses for both. Exchanging one item or service for something that you need, at an exchange rate determined by the parties involved. For instance maybe someone comes to me with 100 rounds of .22LR ammo and wants to trade it for a bushel of my apples. Now I have gobbs of .22LR stockpiled so the value of the ammo is only worth a half bushel to me. so he goes to the next farmer, that is out of ammo completely and that farmer trades him 1 1/2 bushells of fruit for the ammo. values will depend on the need of the trading parties. Maybe I need bottle caps for the metal content, but I dont need gold. So the caps are worth more to me than gold. Post reply Do you find this valuable?
Eritsukukun	13. RE: Currency ideas? Jul 16 2010, 5:16 PM EDT "Actually, everything that has been mentioned falls under one catagory, That is barter or trade. Local currency will be worthless except as scrap metal and paper, there will be uses for both. Exchanging one item or service for something that you need, at an exchange rate determined by the parties involved. For instance maybe someone comes to me with 100 rounds of .22LR ammo and wants to trade it for a bushel of my apples. Now I have gobbs of .22LR stockpiled so the value of the ammo is only worth a half bushel to me. so he goes to the next farmer, that is out of ammo completely and that farmer trades him 1 1/2 bushells of fruit for the ammo. values will depend on the need of the trading parties. Maybe I need bottle caps for the metal content, but I dont need gold. So the caps are worth more to me than gold. " The reason we invented currency is because it fills a function that bartering doesn't. It connects Services with the people who wants them. With bartering I can only trade with people who needs the ware/service I can provide. With money I can get any service from anyone granted that sell enough of my labor to other people. The thing is that in a organized society everyone needs the services of everybody else in that society. If you don't have any services to offer that someone doesn't already offer you become unemployed and starve. Did that make sense? The points of using bottle caps is because you cant reasonably forge or fake it. I could sell you a lump of gold where 25% of it is copper and you would probably not have the knowhow to tell. A bottle cap on the other hand can never be reproduced or faked. Does this make sense? Post reply Do you find this valuable?
OutlawJames	14. RE: Currency ideas? Jul 16 2010, 6:05 PM EDT "The reason we invented currency is because it fills a function that bartering doesn't. It connects Services with the people who wants them. With bartering I can only trade with people who needs the ware/service I can provide. With money I can get any service from anyone granted that sell enough of my labor to other people. The thing is that in a organized society everyone needs the services of everybody else in that society. If you don't have any services to offer that someone doesn't already offer you become unemployed and starve. Did that make sense? The points of using bottle caps is because you cant reasonably forge or fake it. I could sell you a lump of gold where 25% of it is copper and you would probably not have the knowhow to tell. A bottle cap on the other hand can never be reproduced or faked. Does this make sense?" But the bottle cap, or currency idea AFTER Zedpoc will not work, The Bottle cap or paper currency have no intrinsic (?) value, only the material they are made from. and a bottle cap CAN be faked, why anyone would waste their time I dont know. What gives currency a value is the valuation of commodities on the stock market, and or, the backing of the value of the currency by some standard ( in the US it used to be the gold standard). You wont have any of that in the post Zedpoc. A bottle cap is a bottle cap, of no use to me. You give me a hundred pounds of bottle caps I can smelt down to use the metal. Thats something. IF I need the metal. So you come to me with a bunch of bottle caps and say you will buy my bushel of apples for 40 bottle caps , I'll tell you to take a hike. There is no value and nothing backing those caps. Post reply Do you find this valuable?
PedroAsani	15. RE: Currency ideas? Jul 16 2010, 6:41 PM EDT "But the bottle cap, or currency idea AFTER Zedpoc will not work, The Bottle cap or paper currency have no intrinsic (?) value, only the material they are made from. and a bottle cap CAN be faked, why anyone would waste their time I dont know. What gives currency a value is the valuation of commodities on the stock market, and or, the backing of the value of the currency by some standard ( in the US it used to be the gold standard). You wont have any of that in the post Zedpoc. A bottle cap is a bottle cap, of no use to me. You give me a hundred pounds of bottle caps I can smelt down to use the metal. Thats something. IF I need the metal. So you come to me with a bunch of bottle caps and say you will buy my bushel of apples for 40 bottle caps , I'll tell you to take a hike. There is no value and nothing backing those caps. " Correct. Currency only has value because we all agree it does. Whilst bottle caps is a retarded idea (videogames =/= real life) because the first person to raid a pepsi plant would be a millionaire, having a currency that people agree on can make a bartering system easier for those who don't know each other. A small tight-knit group don't need a currency system. A large, organised group can get away without one. But once you get past the 150-sized monkeysphere, people won't know each other, and the scenario of trading carrots for potatoes for a screwdriver for a battery will be frequent and tedious. What that currency will be, and how to prevent forgeries will vary. But at some point someone will have to set up a currency, and start a bank. Again, who does this, and how they do it will vary. But when it does happen, it is another indicator that civilisation is starting on the road back to normality. Post reply Do you find this valuable?
Drakkarius	16. RE: Currency ideas? Jul 16 2010, 6:47 PM EDT Best tradeable commodities; Booze and poon. Post reply 0 out of 2 found this valuable. Do you find this valuable? Do you?
Carnack	17. RE: Currency ideas? Jul 16 2010, 7:12 PM EDT Trade will be the top thing. And the items would vary and need to be judged on an individual basis but it will make living easier. I have X but need Y and someone else has Y but needs X so in trading we both are better off. Drak: Those sorts of objects are temporary and valueless once depeleted. They don't get you anything either. Post reply Do you find this valuable?
Drakkarius	18. RE: Currency ideas? Jul 16 2010, 7:18 PM EDT " Drak: Those sorts of objects are temporary and valueless once depeleted. They don't get you anything either. " Doesn't mean people don't trade for them out the wazoo. :P Post reply Do you find this valuable?
Carnack	19. RE: Currency ideas? Jul 16 2010, 7:21 PM EDT "Doesn't mean people don't trade for them out the wazoo. :P" Yeah but as an easy resource (anyone can find ways to making a still) the stuff you can trade it for is limited. Post reply Do you find this valuable?