Yulon Energy is building charging stations for owners of electric vehicles. The company uses machine learning techniques to place brand advertising into video content.
Read by 49, people What is money? This article discusses money as a commodity in an event where the traditional currency US Dollar is no longer valuable. The crunch is the period of time directly preceding a collapse and the collapse itself.
Traditional Currency Initially, the traditional currency system will maintain some value, though it may be rapidly depreciating in buying power. For those with physical, non-precious metal denominated currency on hand paper dollars, non-silver coinsspending it as rapidly as possible is the best approach.
It is during the crunch that ATM machines around the country will run out of currency as people aware of the rapidly devaluing dollar will be attempting to withdraw as much money as possible. If your physical cash has not been converted into tangible assets, this would be the time to do so.
In a total breakdown of the system, food, water and fuel will be the most important tangible goods to acquire. Consider someone who has a two week or one month supply of food on hand. Do you believe they would be willing to part with that food for some precious metals?
The likely answer is no. There will be almost no bartering item that one would be willing to trade their food for once it is realized that food supply lines have been cut.
That being said, since most will not barter their food, not even for fuel, the next recognized medium of exchange by merchants, especially those selling fuel, will be precious metals.
For those trying to flee cities to bug-out locations, silver coins of the aforementioned denominations may be a life saver, as they can be used to acquire fuel. While we recommend having gold, as well, the issue with gold is that its value is so much higher than that of silver, that breaking a one ounce gold coin into 10 pieces just to buy a tank of gas will not be practical.
It is for this reason that having silver on hand is highly recommended. One reason for this, is that the fair value price of precious metals will be hard to determine, as it will be difficult to locate buyers for this commodity.
This, however, does not mean that you should spend all of your precious metals right at the onset of a collapse.
Precious metals will have value after bartering and trade is reestablished once the system begins to stabilize. Once stabilization begins, the likely scenario is that precious metals will be one of the most valuable monetary units available, so having plenty may be quite a benefit. At this point, they could be used to purchase property, livestock, services and labor.
Water Water is often overlooked as a medium of exchange, though it is one of the most essential commodities for survival on the planet. Had individuals in New Orleans stockpiled some water supplies during Hurricane Katrina, much of the loss of life there could have been avoided.
For those bugging out of cities, it will be impractical to carry with them more than 5 — 10 gallons of water because of space limitations in their vehicles.
Thus, having a method to procure water may not only save your life, but also provide you with additional goods for which you can barter. An easy solution for providing yourself and others with clean water is to acquire a portable water filtration unit for your bug-out bag s.
This particular filter produces 13, gallons of clean water! A Must have for any survival kit. If your filter is lost or breaks for whatever reason, each tablet can purify 1 liter of water. In our opinion, the best chemical water treatment available. Clean water is money. In a bartering environment, especially before individuals have had time to establish water sources, this will be an extremely valuable medium of exchange and will have more buying power than even silver or gold on the individual bartering level.Leveraging the Alibaba ecosystem and New Retail infrastructure, Starbucks will be able to further unify a seamless Starbucks Experience between its stores and online for customers.
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Thanks Patrick and Crazy! This is something I have been thinking about writing for a while, and finally got around to doing it. I’ve found that creating a ‘story’ and working through the worst-case scenario is the best way to figure how to prep for certain situations (My wife calls it going to the “dark side”).
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