What will be used for money post-collapse? - Maybe not what we think

Discussion in 'Currencies' started by SpacePete, Oct 17, 2014.

  1. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Mmmmmm....Chicory! Gotta love that Camp Coffee taste

    From Wikipedia: Camp Coffee is a brown liquid which consists of water, sugar, 4% caffeine-free coffee essence, and 26% chicory essence
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I bet allot of effort goes into managing consumer price/value expectations, especially when the price has no bearing on the production costs or abundance of the product. Diamonds for example can now be mass produced at a low cost, but "natural" diamonds still command a huge premium even though they are the same thing.

    Edit: plenty of lab grown / synthetic diamonds on Alibaba for a few cents each in bulk. I wonder if they introduce micro flaws and imperfections as well?
     
  3. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Exchange value can be substantially different to production cost. This is not a bad thing. Indeed, this is the very mechanism that gives information constrained, imperfect individuals hard signals about how to better reallocate the scarce resources within their sphere of influence toward improving total welfare across society. If this signal disappeared then either there is some semi-omnipotent/omniscient mechanism that can alter resource allocations extremely quickly such that shortages essentially do not happen or that we have entered a communist/socialist/fascist state that is increasingly wasting resources and consuming it's previously accumulated capital stocks in areas that people find truly beneficial.
     
  4. hawkeye

    hawkeye New Member Silver Stacker

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    We have other currencies now. Ones that are not dependent on any country or any central bank and becoming more widely accepted all the time. We're not going back to caveman days or barter or anything like that. Nor gold and silver coins even. It's not going to happen. I'm not really sure why people think it will???

    We have a global economy now where most transactions are electronic. That's not going to change. It kind of looked risky before crypto came along but I don't see what the problem is now. People can transition into good currencies either slowly now or in a hurry if need be.

    It's a sign of the true ingenuity of humankind. A problem was recognised and the solution has arrived.

    Praise be to the free market. :p :lol: :cool:

    Now hurry up and bring on the collapse of the USD and, by extension, the government that operates it.
     
  5. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    QOTD
     
  6. renovator

    renovator Well-Known Member

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    ahhh ...ok then ....ahahaha

    Sorry 4 the late response pete i actually had to do something for the day while u were masturbating into your keyboard :lol:

    Try not to resort to insults thanks. Are you sure your not auspm with another account ? You are starting to remind me of him he would do the same if questioned or disagreed with ..... A little dissapointing .
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    At least you've toned down the extremes of your abusive language this time. Continuously attacking other forum members is pretty cowardly so you might want to reconsider your behaviour in the future.

    Thanks.
     
  8. renovator

    renovator Well-Known Member

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    Your concerns have been noted & will be forwarded to your case officer who will respond promptly when your case is assessed & a decision has been made . All responses will be mailed directly to [email protected]

    Thanks for your co operation on this matter .

    Regards

    Reno :p:
     
  9. dccpa

    dccpa Active Member

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    We are trying, but there is only so much self destruction we can do. We elected Bush and Obama twice each and that would have done in most countries. I am not sure what else we can do to hasten our own demise. :D If it makes you happy, Obama has sufficiently alienated the Saudis enough so that they have effectively declared financial war on the US. The Saudis have stated their intention to keep oil below the cost of Shale Oil production. This will hurt the United States in so many ways (Trade Deficit, USD, employment rate, income tax collections, etc.) The drilling won't stop immediately, so you will have to suffer for another year or two before the effects of this financial war start to really hurt the US.
     

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