The COLLAPSE WONT Be Like Most People Think!!!

[livingston]

The COLLAPSE WONT Be Like Most People Think!!!​

from the comments section

@thetruthwithtrevor​

12 days ago
This is the best guest you have EVER had on. Absolutely brilliant. I've been saying this stuff for years. Full time crypto investor/trader and prepper and man he is SO bang on with every word. What a great podcast. We are in so much trouble. It is always about commodities, what we need. People forget currency is nothing but an instrument of measurement of work or service provided to the market place. As much as it sucks to say, we need a depression to start over and abolish the fed. Give the power back to the states. Local govts and shrink the Fed govt to a tiny one room apartment

@Atlanticmama888​

12 days ago (edited)
We went to Cuba in 2022. Their government had recently changed to cards currency. Each adult got a card from their gov. Their pay and anything purchases done for food and necessities has to be done with this card. So locals explained to us that since the card, the black market boomed and they used American dollar. Also they explained that a $100 bill or $50 bill was worth more then $100 in loose $1’s because it gave them more purchasing power in the black market. They explained that everyone lives off the black market for clothing and household items because they can buy it cheaper from black market then from the government runned stores with their card.
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[livingston]

Here's Why No One Wants Gold Or Bitcoin In Argentina...​

 

[SomeSoldier]

Here's Why No One Wants Gold Or Bitcoin In Argentina...​

Makes sense for gold, the only people I see using gold bars and coins efficiently would be the wealthy doing business banks and government. I could see the avg person saving the gold to purchase new currency when that is created.

I think silver and goldbacks would probably work well in the small communities. I doubt they would work well in major cities.

Barter would be king though, skills and time for resources.

The other issue with having wealth, is people knowing about it and theft.

 

[spat]

Makes sense for gold, the only people I see using gold bars and coins efficiently would be the wealthy doing business banks and government. I could see the avg person saving the gold to purchase new currency when that is created.

I think silver and goldbacks would probably work well in the small communities. I doubt they would work well in major cities.

Barter would be king though, skills and time for resources.

The other issue with having wealth, is people knowing about it and theft.

Gold might not be super useful *during* a collapse, but a collapse is an event, it doesn't last forever.

The gold you have stashed won't feed you during TEOTWAWKI, but once the world starts to stabilize around a "new normal" it can give you a great head start.

Too many people are concentrating on just surviving the collapse. The answer is to solve that problem quick, because the real challenge is adapting to the new world *after* the collapse is over.

If your plan is to eat canned food and live in uour bunker for the rest or your life, it's a shitty plan.

 

[SomeSoldier]

Gold might not be super useful *during* a collapse, but a collapse is an event, it doesn't last forever.

The gold you have stashed won't feed you during TEOTWAWKI, but once the world starts to stabilize around a "new normal" it can give you a great head start.

Too many people are concentrating on just surviving the collapse. The answer is to solve that problem quick, because the real challenge is adapting to the new world *after* the collapse is over.

If your plan is to eat canned food and live in uour bunker for the rest or your life, it's a shitty plan.

I agree.

 

[tirwin1]

Gold might not be super useful *during* a collapse, but a collapse is an event, it doesn't last forever.

The gold you have stashed won't feed you during TEOTWAWKI, but once the world starts to stabilize around a "new normal" it can give you a great head start.

Too many people are concentrating on just surviving the collapse. The answer is to solve that problem quick, because the real challenge is adapting to the new world *after* the collapse is over.

If your plan is to eat canned food and live in uour bunker for the rest or your life, it's a shitty plan.

Agreed. So what should a plan include?

 

[SomeSoldier]

Three phases, pre, during, post.

Pre: gather assets: gold, silver, sustainable food, water or way to purify water, meds, items of value to trade. Get skills.

Foe gold and silver buy small demoninations to use during and larger demoninations for post.

During: use items to barter and silver, maybe some gold.

Post: use gold and silver to get new currency and create your empire.

 

[fresch]

On all this crap look to history.
Ten Years After (I'd love to change the world).
Beatles (Tax Man).
Safer and Evans (In the year 2525).
Country Joe and the Fish (Vietnam).
Traffic (John Barleycorn)
Check out the music through out time. They are the story tellers.
Gold, silver, etc, are measures of labor units; what is your labor worth when "money" has no value? Tradesmen will eat due to their labor unit being in more demand than a person with a degree in bs.

 

[spat]

Agreed. So what should a plan include?

Your value is always based on how useful you can be.

What skills are useful is likely to change drastically.

The people who will fare the best will have skills that remain useful.

Which skills those are will depend a lot on how bad the collapse is.

But, the most important skill will be adaptability.

You can be an expert welder, and that is likely a very useful skill post collapse (unless things go very very badly). But if you're only good when you have premium equipment, not so much.

Being able to make x-ray quality TIG welds isn't much use if you can't get tanks of argon or helium. Being able to hack something together with some car batteries and fencing wire might be more valuable.

But, in virtually every case, the farmer will be better off than the "influencer".

 

[SomeSoldier]

Your value is always based on how useful you can be.

What skills are useful is likely to change drastically.

The people who will fare the best will have skills that remain useful.

Which skills those are will depend a lot on how bad the collapse is.

But, the most important skill will be adaptability.

You can be an expert welder, and that is likely a very useful skill post collapse (unless things go very very badly). But if you're only good when you have premium equipment, not so much.

Being able to make x-ray quality TIG welds isn't much use if you can't get tanks of argon or helium. Being able to hack something together with some car batteries and fencing wire might be more valuable.

But, in virtually every case, the farmer will be better off than the "influencer".

But the farmer will have to guard his crop (wealth).

 

[FP1201]

Although guilty myself of saying "it won't be like you think", it's pretty arrogant and generalizing to believe YOU know how other People think...Life experience has taught me a thing or two about Human Nature and the way we behave, but to assume you know how others will behave begs the question of why you didn't do somethings about it.
Everyone thinks THEY will be the "survivors" in the Zombie apocalypse...bet the zombies did too!

As for the Video: I watches this earlier today and was somewhat surprised and yet not: We've known that breaking down Gold was going to be very difficult, and that Silver is much easier, crypto, well that's not my bag. Kudo's to these guys to actually go out and test in Real World Conditions.
Difficulty does not mean unusable: A few one ounce Gold Coins held in reserve might be the golden ticket to get you across to the other side or establish you elsewhere.

As above; your "value" does derive from what you can do: the guy that can make clean water come from the ground gets my vote over the useless eater.

 

[CaseHardened]

Sadly, survival depends on how ruthless you are.

No morals at all ? Don't buy food. Kill for it.

I'd like to think I'd rather die myself than do that, but I suppose none of us really know until the time comes.

 

[RooftopKorean]

I'm pretty sure my skill set of being a medic, gunsmith, reloader, amateur bladesmith, and outdoorsman will be in demand.

 

[spat]

Although guilty myself of saying "it won't be like you think", it's pretty arrogant and generalizing to believe YOU know how other People think...Life experience has taught me a thing or two about Human Nature and the way we behave, but to assume you know how others will behave begs the question of why you didn't do somethings about it.
Everyone thinks THEY will be the "survivors" in the Zombie apocalypse...bet the zombies did too!

As for the Video: I watches this earlier today and was somewhat surprised and yet not: We've known that breaking down Gold was going to be very difficult, and that Silver is much easier, crypto, well that's not my bag. Kudo's to these guys to actually go out and test in Real World Conditions.
Difficulty does not mean unusable: A few one ounce Gold Coins held in reserve might be the golden ticket to get you across to the other side or establish you elsewhere.

As above; your "value" does derive from what you can do: the guy that can make clean water come from the ground gets my vote over the useless eater.

Guessing how a collapse will go down is harder than guessing the lottery numbers.

Saying "it won't go like you think" is just playing the odds.

 

[ManualF150]

I'm pretty sure my skill set of being a medic, gunsmith, reloader, amateur bladesmith, and outdoorsman will be in demand.

As a kid even till now, I try to learn new things and trades and be as useful as I can be to help others and including myself.

 

[spat]

But the farmer will have to guard his crop (wealth).

The farmer also has the advantage of being able to make use of some low skilled labor, and reward them for the work.

The influencer might not have much in the way of useful skills, but it won't take long to teach him to muck out a stall, and that might be worth dinner and a roof for a night.

The farmer would probably be willing to pay a lot better for someone who can stand a watch and shoot a rifle, even if they don't have much else they can do.

 

[SomeSoldier]

The farmer also has the advantage of being able to make use of some low skilled labor, and reward them for the work.

The influencer might not have much in the way of useful skills, but it won't take long to teach him to muck out a stall, and that might be worth dinner and a roof for a night.

The farmer would probably be willing to pay a lot better for someone who can stand a watch and shoot a rifle, even if they don't have much else they can do.

I agree, I just wanted to point out that wealth comes in many forms in hyper inflation.

 

[spat]

I agree, I just wanted to point out that wealth comes in many forms in hyper inflation.

Yea, the biggest asset a farmer has is land.

That's one thing that's inflation proof.

They're not making any more of it.

 

[SomeSoldier]

Yea, the biggest asset a farmer has is land.

That's one thing that's inflation proof.

They're not making any more of it.

Except the gov can steal it through tax.

 

[RedBreast21]

The currency after the so called collapse, will be the one with the most people and their faith is behind it. What that looks like and any physical form it takes, if any, is undecided really. Local bartering and whatever that locality finds value in, would be their currency.

34 trillion debt and inflation, can easily be reduced by simple doubling or tripling working peoples income. This retains the hard asset wealth on the banks balance sheets while the nation can claim reducing the income to debt ratio. Increase GDP. Is it practical? Probably not but this is how it could be handled mathematically. It theoretically would work in a closed economic system. But the question would always remain, how did the debt get so high. Foreign spending the answer to keep the USD the reserve currency.

Our dollar is the global economy. If the biggest countries or a large group of them decided not to use it, that would be devastating. A collapse would be imminent. The nations left standing would be in charge to set new banking and whats legal tender for trade. Crypto could be it. But which one? Gold will always have value but is impractical to store and use.

Again, no one is talking about BRICS plus and their economic model of challenging the USD dominance. Yet they speak of it at every BRICS meeting. WW3 would be the excuse to force these nations into defense spending that would take decades to recovery.

Big things coming this year.

 

[GOPerfect]

If a collapse comes....

I do not care how much Gold, Silver or anything else has stored, if those around do not want to trade in it; these things will be worthless.

In a smaller community, the wealthiest person may be the larger chicken farm producing eggs. Her eggs may be "worth" a fortune.

The farmer that farms grains may be the best off. We do not know.

The person that is willing to set aside all morals, ethics, sympathy and empathy may be the best person in the area.

Something, or someone only has worth if the something or the skills are deemed valuable by others.

 

[holdover]

CHICKENS! EGGS, are currency. you dont need to dry them or store them , they provide fresh food all the time. Women in Sarajevo were prostituting themselves for a can of tuna . food water are currency . if the power goes out crypto guys are stuck holding thier dick. Ammo might be tradeable depending on how bad things get . Hunting is limted, most of the game animals will be gone in a few months ,

 

[Brawny71]

Except the gov can steal it through tax.

Or as in some countries just make a change in law saying they own the land but allow you to use it. Until they decide you’re not fully using it.

 

[Brawny71]

Currency is what is needed to survive each day for the initial. And your ability to defend it, your inner circle, and your small outer circle. Food source, water source, fields of fire, ability to sustain, and the ability to defend along with motivation to defend. Abilities and resources put aside to fend for self have become very weak.

It’s interesting how dependent we’ve become on digital (cheap,easy,instant) communications with no back up. Ham folks aren’t so geeky now.

Not sure I see Gold/Silver having the use/need from previous centuries. That worth was because of rich folks wanting it and ability to make teeth and such. What are the current desires become your currency.

 

[SomeSoldier]

Currency is what is needed to survive each day for the initial. And your ability to defend it, your inner circle, and your small outer circle. Food source, water source, fields of fire, ability to sustain, and the ability to defend along with motivation to defend. Abilities and resources put aside to fend for self have become very weak.

It’s interesting how dependent we’ve become on digital (cheap,easy,instant) communications with no back up. Ham folks aren’t so geeky now.

Not sure I see Gold/Silver having the use/need from previous centuries. That worth was because of rich folks wanting it and ability to make teeth and such. What are the current desires become your currency.

Industrial components. Gold is one of the best electricity conductors.

 

[Brawny71]

Another lost art is back up and contigency planning. Not just at Individual level (Consider the great Pandemic and what was the #1 hoarded item; Toilet Paper (a convenience)). Next time your power goes out, tune in your emergency weather radio. There is a great chance it isn't broadcasting. Why, digital coms is cheaper and easier and you can regionalize it. When the local power goes out, what else goes out? Cell towers, same issue unless you are in an urban hub. Those Ham folks aren't so geeky. Repeaters and the like those Ham folks are preppers without the label. They just do it because. Small local communications is a wash. Most households can't even GET land lines (everything is Voip or digital now). No more pick up the phone even if there isn't power.

 

[Brawny71]

Industrial components. Gold is one of the best electricity conductors.

You're not wrong. But how long until Industry gets up and running? In the beginning, gold/ silver/ jewels had value because those that had, wanted. Then we found we could use it for teeth, connectors, inside of glass for some uses. Heck, back in my child days the paper money still had the words saying you could turn it in for current gold value (back when our currency was backed by US stored gold and not just printed as needed). What year after the death of JC was the industry using gold?

 

[Brawny71]

If a collapse comes....

I do not care how much Gold, Silver or anything else has stored, if those around do not want to trade in it; these things will be worthless.

In a smaller community, the wealthiest person may be the larger chicken farm producing eggs. Her eggs may be "worth" a fortune.

The farmer that farms grains may be the best off. We do not know.

The person that is willing to set aside all morals, ethics, sympathy and empathy may be the best person in the area.

Something, or someone only has worth if the something or the skills are deemed valuable by others.

If it comes, whatever you have that you can't defend will no longer be yours. People will not be prepared. You won't be able to help everyone and who you do better bring something to trade.

I watched people during the last ice store go into Stewarts which had 10 signs saying power was out, Cash only. Number of people who stood in line to be told cash only, then turn around to go to the ATM to get cash....AND find out it doesn't work either..... beyond belief.

 

[SomeSoldier]

You're not wrong. But how long until Industry gets up and running? In the beginning, gold/ silver/ jewels had value because those that had, wanted. Then we found we could use it for teeth, connectors, inside of glass for some uses. Heck, back in my child days the paper money still had the words saying you could turn it in for current gold value (back when our currency was backed by US stored gold and not just printed as needed). What year after the death of JC was the industry using gold?

That is why I said post hyperinflation. Silver could be usable during.

 

[SomeSoldier]

If a collapse comes....

I do not care how much Gold, Silver or anything else has stored, if those around do not want to trade in it; these things will be worthless.

In a smaller community, the wealthiest person may be the larger chicken farm producing eggs. Her eggs may be "worth" a fortune.

The farmer that farms grains may be the best off. We do not know.

The person that is willing to set aside all morals, ethics, sympathy and empathy may be the best person in the area.

Something, or someone only has worth if the something or the skills are deemed valuable by others.

I have a structure started in my back yard that will be a chicken coop. I can probably house 50 or so chickens in it.