48 Fiat currency relies on trust in the issuer. And that trust has been abused. "Fiat" has entered the lexicon. People buying gold bars at Costco. Government credibility at all time lows. Trading your finite time and energy for something the government devalues with a mouse click is unwise. (media.kotakuinaction2.win) posted 1 year ago by BidenIsAGroomer 1 year ago by BidenIsAGroomer +49 / -1 21 comments download share 21 comments share download save hide report block hide replies
But gold is a secondary means of survival, it relies on others having value in it to trade for it.
Seeds and bullets are primary sources of survival, you don't need to be reliant on others to gain use from them.
Yea, if we're talking about survival in a collapse, ammo and food production is definitely gonna hold more value. Gold is only valuable in a stable society that wants to evolve past bartering.
I'd say this is only true for extreme cases of total collapse.
Even third world shitholes who are the furthest from stable value gold.