I mostly agree. Depends how far down Maslow's hierarchy we fall.
If we are talking about a complete breakdown of society, it's weapons, energy, and, food/water. Survival is king and always needed, so it's useful to always have this stuff on hand.
For a partial breakdown where survival is not at stake, say hyperinflation or other economic woes, precious metals and stores of value will be the order of the day. This is gold, silver, bitties, land, etc.
If we fall, we will always fall through the area where gold is useful. We may or may not get to the point where it's time to do gangster shit. Either way, having hoards of both on hand, and not going all in on one, is smart.
You will certainly be correct if the fall isn't far. There will be a percentage that accepts gold. If we fall and only fall that far they may find themselves ahead. That's a narrow band I wouldn't gamble on.
If we can fall to that level we can certainly fall further. I wouldn't have any interest in holding that bag. I'd always opt for value that has utility... Utility I can leverage.
Gold will never buy food or barter from me because I never want to hold it.
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