Thanks fistfulladirt! There is so much information here. I love it so far!
I believe that the dollar will collapse like every other fiat currency. Then I believe we will have a breif period where cash is king. Then a period of straight bartering. This bartering will lead to silver being used as money again. Straight bartering isn't efficient in the market place. If I want your vegetables and I have liquor to trade, but you don't want my booze, we will need to find some medium of exchange.
This is where silver will come into play. Yes, a tiny percentage of the population holds silver now. But it will disperse rather quickly when dollars become worthless.
For example, I live in an apartment, so I can't grow much food. I could go to a local farmer and buy some food with silver. Just how I see this experiment with global fiat currencies unwinding..
I believe that the dollar will collapse like every other fiat currency. Then I believe we will have a breif period where cash is king. Then a period of straight bartering. This bartering will lead to silver being used as money again. Straight bartering isn't efficient in the market place. If I want your vegetables and I have liquor to trade, but you don't want my booze, we will need to find some medium of exchange.
This is where silver will come into play. Yes, a tiny percentage of the population holds silver now. But it will disperse rather quickly when dollars become worthless.
For example, I live in an apartment, so I can't grow much food. I could go to a local farmer and buy some food with silver. Just how I see this experiment with global fiat currencies unwinding..


















