tag:blogger.com,1999:blog-1592992209402300549.post1820814174769155199..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: Guest Post - Economic Life After the Collapse SiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1592992209402300549.post-43381711899744732282015-02-17T13:01:52.010-05:002015-02-17T13:01:52.010-05:00Change could just be actual, you know, "chang...Change could just be actual, you know, "change".<br />Quarters, nickels, dimes...<br /><br />I'm sure if "something" happens, then pennies, pre 1982 ones anyways, will end up being, um, utilized for something else.<br /><br />Maybe. My thought anyways.<br /><br />Secret Code: ofndu<br /><br />There are some things I "ofndu".Andrewnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-47002670902202838272015-02-17T10:55:28.681-05:002015-02-17T10:55:28.681-05:00"I think most of us agree that the prospects ..."<i>I think most of us agree that the prospects for the collapse of the dollar have never been greater, which would render our current dollars useless. Then what?</i>"<br /><br />The same thing that happened after the collapse of the Papiermark, or the peso argentino, or the old ruble, or...Tamhttps://www.blogger.com/profile/07285540310465422476noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-13319805937791466402015-02-15T17:55:38.112-05:002015-02-15T17:55:38.112-05:00???????? What did this have to do with rucking, fi...???????? What did this have to do with rucking, fighting or helping???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-62311132538206047302015-02-15T10:53:04.857-05:002015-02-15T10:53:04.857-05:00And here we see the miracle of the internet. The ...And here we see the miracle of the internet. The same idea is accused of being socialist and giving too much to banker-types. <br /><br />I'll write more later, but I know the guy and his motivation was neither of those. It was quite simply, "I'm too old to carry a hundred pound ruck and fight, so what can I do to help?" <br /><br />SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-42204945557304787282015-02-15T07:57:33.977-05:002015-02-15T07:57:33.977-05:00When it all go's Tango Uniform , the things th...When it all go's Tango Uniform , the things that have value will be the things that always had value; Gold , Silver , Copper, Lead, Tin, Good Steel, Food, wine , Beer and spice. Well crafted Shoes and clothing. We are spoiled by easy availability to every thing WE cannot make for ourselves to the point that we think that there MUST be a banker; a middle man, a "system" or as you suggest a "casino" to back a fiat money. Nothing could be further from the truth. We have no need of any of the "institutions" that have groan up to make the organized theft from "them that make - to them that take" as safe for the vampires as possible. Barter works, and works well. Gold and other coin , or by its true name "personal wealth" are better. That is why it is so hated by the parasites that are government and "the economy" Everyone should stop fearing "the big crash" and start looking to the possibility that for the first time in our lives we have the chance at real freedom-a thing that our people have not known in over 100 years. Rejoice!! At the ending of this evil! I will---Ray Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-14600173604523891192015-02-15T02:04:53.743-05:002015-02-15T02:04:53.743-05:00I've heard this plan before: "Socialism w...I've heard this plan before: "Socialism works if only the right people are in charge, which happens to be us. Now, fork over your mandatory volunteer contributions, citizen!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-81509682027722918302015-02-14T17:33:41.895-05:002015-02-14T17:33:41.895-05:00I think that in a modern world an economic collaps...I think that in a modern world an economic collapse will not mean that we don't have a national currency or that it becomes worthless. We will still have "dollars". They will either be worth less or the currency will be revaluated.<br />Two possibilities: 1. That the collapse is along the lines of the great depression and we slog through it with the same currency but with more government mandates/regulations. 2. That the government creates a new currency worth some fraction (such as 10%) of the value of a dollar. <br />I tend to think that in situation #1 we simply slog through it some people doing worse than others and generally everyone suffering somewhat.<br />I think #2 is the bigger crisis. The way I see this happening is that as the pending collapse becomes obvious the government would secretly print $800 billion or so of the new currency and then one long holiday weekend they close all banks and ATM's etc. Maybe even extend it a few days and when the banks open the government comes on TV at primetime and tells us all that there is a new currency and the old currency can no longer be used. You will be allowed to bring old currency to a bank and exchange it; $10 old dollars equals $1 new dollar. That there will be limits on how much you can exchange, perhaps $1000, and that all money in bank accounts will automatically be converted (that is if you had $1000 in your savings account you now have $100 new dollars). That monthly withdrawals would be limited to perhaps $300 a month. There would most likely be some confiscation/buyback of gold and maybe silver and laws to make it illegal to own gold and maybe silver.<br />Both of these are "survivable" collapses and not the TEOTWAWKI that most people fear. But both will savage the middle class and probably hurt the welfare class so bad that they might be forced to look for work. <br />I have very little faith in our current cadre of politicians as well as any I can see on the horizon, to do the right things to get us out of the mess. So I would assume it would last for years and maybe like the last great depression require a world war to pull us out of it.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-28942373331434097762015-02-14T06:21:35.502-05:002015-02-14T06:21:35.502-05:00The 'casino' model isn't all that diff...The 'casino' model isn't all that different from normal mode....it's really more a matter of scale. And like ALL schemes involving transfers of value clever people will find a way to game the system to make a profit. The first among these will be the<br />'casino'. It will get a cut every time something is traded for 'scrip' or 'scrip' is redeemed for something of tangible value. In fact this has to happen otherwise nobody would be willing to do the actual work of creating and exchanging 'scrip'. History shows that it's not the methodology used that leads to economy's collapsing. It's the use of whatever model that is currently in play to benefit the insiders at the expense of the majority that leads to the system collapsing. It always happens...it's just a matter of how long. The longer a monetary/scrip scheme is in place the bigger it becomes and the more disastrous the inevitable crash. We are a clever species...not an intelligent one. That's why this happens over and over throughout history.Dannoreply@blogger.com