What is Money When the System Collapses?
Author: Mac Slavo article link
December 29th, 2009
In disaster situations, the value of money as we know it now changes, especially if we are dealing with a hyperinflationary collapse of the system’s core currency. This article discusses money as a commodity in an event where the traditional currency (US Dollar) is no longer valuable. ...
If your physical cash has not been converted into tangible assets, this would be the time to do so. Acquiring as much food, fuel, clothing and toiletry items as possible would be the ideal way to spend remaining cash before it completely collapses to zero, as it did in the Wiemar inflation in 1930’s Germany, or Zimbabwe’s hyperinflation in recent years. ...
Rise of the Preppers
Author: Mac Slavo article link
December 29th, 2009
Preppers, by definition, are not just preparing for a TEOTWAWKI (The End Of The World As We Know It) scenario, but rather, are prepared for any far-from-equilibrium situation like a hurricane, earthquake, terror attack, chemical spill, evacuation, or other unforeseen event. Of course, prepping as a hobby may eventually lead to research and skills development to handle even the worst types of possibilities, including hyperinflationary collapse of our economic system, political instability and wide-spread civil unrest, all of which have the potential to lead to monetary collapse and food supply disruptions. ...
Don’t get us wrong, emergency responders like police, fire and medical teams do their very best in the situations described above, but when you’re dealing with millions of unprepared people whose only thought at the time is to survive and “get out,” the situation can deteriorate quite rapidly. Preppers understand this, and have not just reserve food, water and fuel, but secondary and tertiary evacuation routes, multiple “bug-out” destinations where they can go if something happens, and are mentally, physically and psychologically prepared to handle the stress.
If everyone prepared in advance of the unknown, it would likely be much easier for the entire population to make it through an event unscathed. ...
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