Monday, April 30, 2012

Inexpensive Now, Invaluable Later

When Cash Is Out, Bartering Is King

"Reality tells us that we may soon be coming to a point in which cash is no longer king. The economy has been drying up for years. Over one million Americans filed their initial unemployment claim over the last month. The dollars we bring home are buying less on every trip to the grocery store.

Few of us are completely self-sufficient. There are always going to be a few things that we cannot make for ourselves. If your personal preps are in order, consider investing your prep dollars in a new way: purchase barter items!

A lot of things that are inexpensive now will be invaluable later. As the economy collapses even further, people will be focused on survival and the barter system will reignite. Barter items will be far better than cash – you can’t eat a dollar!

What kind of items will be worth their weight in gold? Check out this list for a few suggestions:

Matches and lighters
Seeds
Canning jars, lids and rings
First aid items
Tools
Water Filtration Supplies
Sewing supplies
Salt
Feminine Hygiene Supplies
Vitamins
Fishing Supplies
Fuel (gasoline, propane, kerosene, etc)
Sweeteners such as honey, sugar and syrup
Coffee/Tea
Carbonated beverages
Liquor
Cigarettes/tobacco
Small packages of food (baggies of beans/rice, etc)
Livestock
Cooking oil
Firewood
Farm supplies (pesticides, fertilizer, etc.)
Weapons, Ammo
Batteries
Warm clothing
Hats/Gloves (think about those little dollar store stretchy items)
Soap/shampoo
Hand sanitizer
Dental care items (toothbrushes/toothpaste/floss)"

I've thought about this quite a bit. It's absolutely apparent that the manipulators are crashing the economy. The dollar has less than zero value and only exists as a method of exchange because we've never been here before and nobody knows what else to do at this point. But when phony fiat money goes down it will go down hard and overnight and then what do we do?
It's imperative that people stock up with whatever cash they have while they can.
I've been doing it for years and a lot of what I have can be used for barter, for trade, when all of a sudden everything we used to know about money gets defenestrated and wealth is only about things, not useless paper.
What's going to be interesting is how we trade.
Initially it'll probably be based on what things were valued in dollars before the cataclysm. That is, the comparative store prices. But gradually values will switch to absolute values and scarcity of items, which is how barterers should start thinking now.

I kind of agree with the above list. I think for most people complete emphasis in a survival mode should be on the absolute basic essentials like water, food and housing, but for barter items at this time the smaller, more inexpensive stuff and the things that will disappear the fastest would be advantageous for people to bone up on.

Livestock? Hardly.
I'm going to be toilet paper King Of The World.

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