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Discussion: Currency after the zedpoc/apacalypse
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GideonCross |
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TurnAndBurn |
1. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 7:51 PM EDT
"What do you guys think would be used as currency?"Barter I would assume. Medicine, ammunition, salt/sugar I dunno whatever winds up in demand. I doubt any kind of currency would catch on for a very long time if it ever did. 2 out of 2 found this valuable. Do you? |
wantmarmite |
2. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 8:01 PM EDT
I wouldn't be using any currency. I wouldn't trust any of them. Bartering sounds like a safer plan.
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OOSnake |
3. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 8:04 PM EDT
Bottlecaps! Haven't yu ever played Fallout?In seriousness, I imagine currency would collapse. Bartering would most likely take over as the primary form of exchange. For example, I get x item, in exchange for x service. 1 out of 1 found this valuable. Do you? |
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GideonCross |
4. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 8:24 PM EDT
Bartering does make sence.
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TurnAndBurn |
5. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 8:39 PM EDT
Well if you want to "be rich" after SHTF stock up on lightweight useful items. Disposable lighters, tobacco, bandaids, tea candles, hard candy, sewing materials, anything that people would want to trade for nowadays and may be hard to come by later will probably serve you well.
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Sullivan714 |
6. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 8:56 PM EDT
I always bring up the idea of metals (gold, silver, etc.) What I learned from investing in these metals tho, is that it's best to own in smaller pieces/coins. I'm gonna have a hard time breaking a 1 ounce coin for change.
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GideonCross |
7. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 9:00 PM EDT
It's funny you mention that cause I had collected all the quarters developed from 2000 to 2010 along with a couple gold dollars that were released
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Sullivan714 |
8. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 9:10 PM EDT
Another idea that came to my mind was, one thing I'm hoping to see post apoc. is if bars start to open up I hope it'll be like the old western days where a firearm round (a shot) can buy you a shot of liquor. I think that'd be so cool.
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GideonCross |
9. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 9:13 PM EDT
That would be awesome. :)
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Sharpie41 |
10. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 9:50 PM EDT
"I always bring up the idea of metals (gold, silver, etc.) What I learned from investing in these metals tho, is that it's best to own in smaller pieces/coins. I'm gonna have a hard time breaking a 1 ounce coin for change. "In a survival situation gold and silver would be worthless. 2 out of 2 found this valuable. Do you? |
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Sullivan714 |
11. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 9:53 PM EDT
"In a survival situation gold and silver would be worthless."well yeah lol. Last time I checked I wasn't able to consume or drink gold and silver. Well maybe silver but that's different lol. But in a bargaining situation I'd have to argue that they aren't worthless. 1 out of 1 found this valuable. Do you? |
shadowmancer |
12. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 10:04 PM EDT
| Post edited: Jun 14 2012, 7:06 AM EDT
Lead would be worth more than gold or silver its happened before during the colonial period. Food will be worth more than lead because you cannot eat lead. The only practical use of gold or silver would have in the chaos would be as a metal for ammo reloading due to the low melting point and alloy potential. - Edited to add the word "the" because I skipped that word. 1 out of 1 found this valuable. Do you? |
PedroAsani |
13. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 10:32 PM EDT
Currency requires a few things.First, it needs to have an agreed value. "Some gold for 50 bullets" isn't precise enough. You need proper denominations. Then, it needs to have the trust of everyone involved. They need to know that it will be accepted tomorrow, as well as today. Third, it needs to be fairly stable. Inflation kills a currency. For all this, it needs to be easy to recognise, uniform in shape, size and weight. It needs to be difficult to forge, with the guarantee provided by an authority that will be accepted. Metals would be out. The first person to realise you can take silver, melt it and add a less valuable metal to the mix without anyone being able to notice would cause inflation and a lack of trust. Commonplace items would be out. Bottlecaps are fine until someone comes across a bottling plant and is crowned instant King of the ********. And in a post-Z world, regular currency is out, because of the same scenario. First person to come across a bank becomes temporarily rich, until the extra cash floating around devalues the worth of it all. 1 out of 1 found this valuable. Do you? |
redcomrad |
14. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 11:28 PM EDT
Copper would be very valuable since its used in electrical devices and i believe you can cast copper bullets and they perform ballistics similar to cast lead bullets.Finally currency would at first not come around but eventually i think people will start using a "medium of exchange" to get stuff, say land like in Europe, cattle in Southern Africa, Wheat like in Egypt, and shells like in West Africa. A Medium of exchange wont immediately come to use it will be gradual. For a while bartering will dominate then the medium of exchange when it gains acceptance in a wide area it will coincide with bartering for a while, but then it will become currency. currency like we know will not be like we have it "(I.e Fiat currency) if you want to be exact will not be coming back for a while, but useful currency like land and cattle will catch on first (ie hard currency) will dominate once again. Do you find this valuable? |
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Sharpie41 |
15. RE: Currency after the zedpoc/apacalypse
Jun 13 2012, 11:36 PM EDT
http://www.zombiesurvivalwiki.com/page/Scrounger+Training%3A+Trade+GoodsTrade goods. 2 out of 2 found this valuable. Do you? |
chitoryu12 |
16. RE: Currency after the zedpoc/apacalypse
Jun 14 2012, 4:27 AM EDT
Anything of value. For a bit of historical reference, modern currency systems are rooted in attempts to make it easier to trade goods. People started using a certain weight of a good like wheat or barley as an easy way of determining value (with items being said to be as valuable as a certain weight of this wheat). Eventually people began creating coinage as a sort of token system, trading these tokens as abstract representations of the wheat or barley. This eventually evolved into the system abandoning its roots in trading and people began trading the tokens themselves as money. A lot of modern money, including the US dollar, doesn't actually have anything backing it. It's fiat money, meaning it only has value because the government says so and people trust it. A lot of people don't actually know that the United States left the gold standard decades ago. Our money's value is entirely based on trust.This is why getting a currency system is difficult. What reason do people have to trust in the value of your little metal disks or pieces of paper? Where does the value come? Why would they bother trading what are essentially useless trinkets when they can directly barter for what they need or trade work for their supplies? I can't imagine a currency system returning to vogue until actual organized government returns, and even then it will likely take quite some time. Until then, people will trade what they need or offer work in exchange. It's much more real for someone to spend an hour on guard duty in exchange for some ammo or food than to hand the supplier a piece of paper that's supposed to be just as valuable because the guy in the leather trench coat said so. Do you find this valuable? |
renet76 |
17. RE: Currency after the zedpoc/apacalypse
Jun 14 2012, 6:00 AM EDT
I find it interesting that so many people are of the opinion gold and silver will be worthless after a zed apox or any other post SHTF situation The phrase "you cant eat gold or silver " or "lets see some one trade their last can of beans for your gold or silver" gets tossed around to validate the point of how "worthless" it will be Now while these are valid points a hungry man will not give you his last meal for some thing he has no need for or use for but these statements are based on a very big assumption and that is that people will no longer put value on them For as long as man has been able to work metals gold and silver have been a prised possession of the wealthy and used as a symbol of wealth So it will pay to remember that in the early stages of SHTF your worthless gold or silver may be used to pay for your and family's passage to a safe location or it may be able to be used to buy supplies once your currency is longer valued for anything more then toilet paper and fire starter Once things have settled down and settlements start to spring up again you may just find once again gold will be something that people will trade for goods as a recognized currency i mean if you go to a settlement that has productive farms lots of food plenty of water all the supplies they will ever need because they managed to take hold of and control of a large warehouse facility and so now they have all the tools , food , luxury items and weapons they will ever need what do you have they will want? it will be one of 4 things that you will have to trade 1 your skills 2. your labor 3. your body 4. your gold or silver Although until there is stability it will be pretty much what you have they want vs what they have you want type of deals no set value on any thing Do you find this valuable? |
Filadog |
18. RE: Currency after the zedpoc/apocalypse
Jun 14 2012, 6:28 AM EDT
Precious metals like gold and silver have always had worth even in past apocalyptic times so I don't understand why they wouldn't in the future.I knew a guy that escaped from Cambodia and is alive today only because he had gold to bribe his way out I think somethin like pre 1965 scrap silver coins would continue to be of worth and could be used to buy [or more properly "trade"] for other items. In any type of society I think common stuff would soon devolope a known worth as people traded it Things like post 1965 coins and commerative gold plated coins will have no worth since they do not contain precious metals Even with silver and gold coins we are not really talking currency but rather talking trade or barter. Currency is somthing whos worth is backed by a govement or other institution that sets it's worth. I just don't see that happening in the post Apoc world at least not for a very long time Do you find this valuable? |
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shadowmancer |
19. RE: Currency after the zedpoc/apocalypse
Jun 14 2012, 6:59 AM EDT
| Post edited: Jun 14 2012, 7:04 AM EDT
After the collapse of Rome coinage was lost in most of Western Europe until it was reintroduced durring the crusades. Gold and silver had value as decorative items and status symbols but not as hard currency. The value was land based and hard goods. This event may be the source of golds lack of worth in some peoples minds.
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