When Money Is No Good

There is a possibility that in case of an emergency your money or credit cards may not be accepted anywhere. Should you also always have some valuables which you could trade for something you may want?

Some tips on how to get by if in a survival situation no one will take your money but you have to get something people you meet may want to trade?

 

In the first day or two cash will be king, it has value! it always has so it will continue to, for a while anyway!
Now here is where it gets interesting! how can one value a piece of gold/jewelry?
Do you have the expertise to check the quality of gold/jewels?
I do not!
But a sub-plan I have is circumstances are right is after a few weeks when all are getting hungry and desperate to sell some small portions of plain rice
for gold/jewelry! maintaining OPSEC of course!
1kg of quality rice now is about $2 here several weeks in to the poop I could get upwards of $100 worth of jewelry for it!

Profitiering I know but it would set my grandies up further down the track when things settle!
I actually have over a ton stored just for that! might even cook it for them at that price!

 

A precaution many would forget. It would be hard for anyone to be "a good guy" when they know you may have something they need. I suppose knowing how to shake off anyone who is following is a skill everyone should learn. You never know when it would come in handy.

 

Yeah. You can't trust no one. I read this story about a woman who was living in a relatively peaceful third world country. She had good neighbors and had married a native. That's before a civil war erupted and the "good" neighbors came to rob them because she was a "foreigner." How she made it out alive to tell the story I don't know.

People may just hate you for some reason and when SHTF they'll have an excuse to do whatever they please to you.

 

and the assumption is that when SHTF refugees will be welcome anywhere. Earlier in March Australia told white Zimbabwean refugees they were not welcome in Australia. And they can't go to the UK either. No one wants them. That could happen to anyone. People you thought might help you, may turn their backs on you. What then? What if you had no Plan B?

 

after a few weeks? let anyone know you have any sort of food and you'll have a riot on your hands, you'll be lucky if you come out alive. profiteering? I don't think so.

I did mention maintaining opsec!
and part of that would be only ever having 2kg on you at a time and moving covertly through a vacant building every time before selling the rice!
Making it look like your stach is in the vacant building! oh and saying the rice you have is the last you have but maybe able to get more!
Works for drug dealers !

 

One needs to be creative to survive in a foreign country without currency specific to that particular nation. My first port of call would be the forex bureau. If this proves futile, I would well, visit a seminary or a church premise and explain my predicament there. At least here, you are not likely to encounter the thorny kind of individual.

 

The day money loses its value natural resources will pick up its slack. Things like water, food, weapons, and ammunition will be worth more then gold. If a disaster ever occurs I will focus on obtaining water and food opposed to money.

 

That scenario was a reality in Zimbabwe, Germany during the early XX Century and is currently happening in Venezuela. When the backup value of all your hard work sank with the worthless currency of a miserable country.
For that reason is better to rather purchase assets such as immovables property, valuable goods etc. than backup your savings into money.

 

If or when money is not of use, I would focus on colleting items that would help me stay alive. I'm not sure I would trade with anyone or let them know I had resources, at this point it would literally be every man for himself. Humanity would most likey fly out the window. Who could you trust to not kill you for your resources?

 

Exactly. I remember watching this guy on T.V and he was talking about what to do in an economic collapse. He was talking about stocking up on food. He said not only for your family but to trade because the stores will be emptied out. I remember just recently how people went crazy in Walmart over a glitch on the EBT cards allowing them to purchase how much they wanted in groceries. People ransacked the Wal-Mart stores. Just think if there were major crises and people really needed food. Stores cannot accommodate everyone buying up at one time.

 

I think it would be wise to invest in some things that are small and useful. Things that could be easily traded. You could have an Amazon store and go about selling these items. Restock them and keep them on hand. Then, in the event of a catastrophe, you could use these items for trade. I favor small, useful tools. You wouldn't need these right away, but when the dust settles, it may be a long road back and things like this could sustain you.

 

This is only an option if I can maintain sufficient security!

 

Once money becomes no good that we would have to start trading- we need to start collecting valuable items. Certain people will become well known for certain items and they may become the "go-to" people for that trade. Just make sure that whatever you do when you trade that you are safe about it. I think that the world will become more dangerous if we have to make more personal trades with one another.

 

I think if money became valueless then knowledge is king. If you have the ability to provide basic healthcare, information on shelter options and how to provide clean water and food you could use this knowledge for trade. The more you know the more valuable you will be to other people.

 

Money will always exist in some form. At the moment we have a direct currency that we trade for goods and services. Skills or knowledge will become a new currency that will be traded. Over time physical representations of those skills will be reintroduced into society as a way of accounting for skills that have been traded but not yet used.

 

When money is no option, you have to look for other things that are valuable that you can trade, or you can become self-sufficient. You need to learn how to farm and grow things to eat. You can use the things you grow to get other things. Also you need to know how to fish and hunt. You can again trade what you catch for other things, or you can use it to feed your family.

 

I actually never thought about keeping valuables on me, although I'm pretty sure it would be hard to trade them at supermarkets or bigger stores. I always keep a healthy amount of cash on me in case my debit card decides to crap out, but other than that I haven't thought of bringing something else with me.
I try to always keep a lot of food, water and clothes on me, but it may be worth carrying a gold necklace around as well for trading purposes, you can never be too sure.

 

My response is going to be a bit scattered. Do forgive.

Gemstones and such is a narrow-niche survival tool. This market is profoundly multi-national. You gotta know the right people. People getting huge amounts of wealth out of countries use the gemstone modality -- how can a smaller physical package of uber-distilled wealth be found! I know of non-Muslims escaping out Iran with diamonds rolled up in Persian carpets. Only folk who know what this is about need apply. Oh, and some of the gem dealers have no shortage of heat and friends with no souls. Minefield, danger.

Scrap 1964 and before 90% silver coins and ammunition are what the common man can put back & trade with. The price of gold went nuts long ago and in a survival situation, I ain't flashing gold. Everybody has old silver coins and ammunition; at least where I'm from, they do. Plus I enjoy looking at coins minted before my parents were born. Ammo is also used for practice shooting. Old military ammo + frozen 2 liter bottles = range-blasting fun. Silver is needed in the electronics, medical, and chemical industries. Silver plates resist bacterial growth mightily. Swiss water filters are lined with silver. Colloidal silver kills bacteria and today's antibiotics are becoming useless. Our ancestors used to flip a silver dollar into a water tank to hold down bacterial growth. Hint-hint, nudge-nudge.

You have to have the right place to store this due to its flammability, but whiskey / ethyl alcohol will be forever in great demand. Plus if its just out the screw or barrel proof, you can use it as a last-ditch fire-starter. The 151 rums are still available even though Everclear will no longer be selling its 190 proof -- yep, that's not just a rumor. Don't store this in your home. No joke, don't. Anecdote: I used to pick up a 5th of Pappy van Winkle for less than $55 whenever driving through Kentucky, I knew a nowhere store that had Pappy. OK, so I'm on some business trip out California way and learned that this had become some rare luxury commodity and they were asking hundreds of dollars a bottle!!!!!!!!!!!! Me, Captain Hillbilly here, wondered how if I'd only put back a couple of cases of this divine elixir when few people knew about its heavenly aromas. Dang! And dang again!

I've got all manner of moonshinin' stories. Look up the series of videos concerning Popcorn Sutton; they're a hoot. Where he was making his shine, is where my people are from, where we did our hunting. I've known dozens of men just like him; shoot, we're talking my family members. Me I'm not drinking that stuff ... unless somebody has dropped some fruit into it and let it age a bit. There was some of this pear shine out of Unicoi County that ...

Brother, when times get really bad, whiskey will go for gold.

 

You cant eat gemstones or gold. When people are starving, sick or injured they will only be interested in food,medical supplies and medical skills (its no use having medical supplies if you dont know how to use them), but be carefull what you trade away as you may need it yourself at a later time. One thing NOT TO TRADE is weapons and ammunition - to easily turned against you.

 

If things go past Mad Max, then life isn't worth much. I'm only living now for others. In most likely scenario, there will still be an "economy" and life will go on, however in the coming times urbanites will be in seriously deep ####. Tough-skinned people will keep on keeping on. I know too many stories of war and absolute poverty. Core humanity survives. People with leather souls can smile while taking incoming.

 

Statistically speaking, those about whom you are speaking don't last past 2 weeks. All who attempt to make it on their own don't last long. Small communities of faith, those who can keep their egos in check, last when others don't. My folk who lived up in the mountains kept on with their culture irrespective of what went on in the greater world. The same was true of the Cherokee who lived up in the mountains -- they weren't sent on the Trail of Tears. The latter folk are where they were 200 years ago. My mom's side of the family intermarried with them. See a sign outside a store that sez, "FBI", that means Full Blooded Indian, not Federal Bureau of Investigation. And yes, the Cherokee too have themselves a casino in the hills of North Carolina. Good for them. More power to them.

 

here's a story i had come across back i dont know when.in which it gets the point across to the value of money,food items,hygene items,as well as other items.


http://personalliberty.com/one-year-in-hell/

 

I've read Bosnian stories and find excellent information within. Thank you for your post.

I've had Bosnian neighbors and Bosnian friend at work, however this topic is next to impossible to bring up. I didn't and won't. I don't want to dredge up horrific memories for them if they were in the middle of such. Therefore these written stories are so valuable. One of my sons worked for a fellow who had been a South Vietnamese officer. The man survived the communist "re-education" camps after the war and then escaped to the West. He did relate a few stories to my son about what they used for "food" in these hell-holes, but more importantly transferred his maturity, his self-sufficiency attitude. All of the really hot peppers and specialty vegetables for his restaurant, he grew himself. Local foreign workers and naturalized citizens frequented his restaurant. Favorable food is rich in anti-oxidants, minerals, and vitamins. Spices count as survival food.