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#1
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Are people in Venezuela trading each other precious metals for food and water?
Last edited by packs; 07-03-2019 at 12:05 PM. |
#2
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I'm sure there are many ways to barter.
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#3
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I can't see trading someone food for silver or gold unless I've got access to some kind of enormous stock pile or insider information on when the shortages will end. Like others pointed out, you can't eat or drink silver and gold.
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#4
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Quote:
Silver and gold has been used as currency for thousands of years. As I pointed out, the words "silver" and "money" are the same word in many different languages. As was also pointed out, you could purchase an entire city block in Germany for an ounce of gold right after WW2. |
#5
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You brought up Venezuela, a place where hyperinflation has consumed all currency and created a shortage of food and water. I don't know how much food or water a person can expect in exchange for gold, unless the people with gold have some kind of unfettered access to basic survival staples.
I don't know where the block of land for an ounce of gold story comes from. I've never heard that before. Last edited by packs; 07-03-2019 at 12:31 PM. |
#6
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I'm not going to try and convince you. You can believe what you want to believe. The US is in 23 trillion dollars worth of debt and that number is only growing larger. The printing presses at the mints are running overtime. But, hey, if you don't see a problem with that, ok.
It's true. But let me give you an example that may hit you closer to home. What was Manhattan purchased for? Come one, tell us? |
#7
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Quote:
I'm not sure how purchasing Manhattan relates to anything being discussed re: hyperinflation or the role precious metals would play in a new economy where basic survival staples need to be secured in place of currency. Is there a source for the story about Germany? Last edited by packs; 07-03-2019 at 12:44 PM. |
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