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Thread: what are some possible scenario's when the dollar crashes?

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  1. #1
    Copper
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    what are some possible scenario's when the dollar crashes?

    have any of you thought about what it could possibly be like post crash. will it be like most preppers think - trading junk silver for bread and gas? will a new currency emerge and will there be an exchange - old fiat for new fiat? im just wondering about a few things because im a landlord with 4 houses. what good will it be if im receiving old fiat for rents? theres alot of questions but cant think of them all right now.

  2. #2
    Book
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    Re: what are some possible scenario's when the dollar crashes?

    Quote Originally Posted by 97guns

    ...trading junk silver for bread and gas?


    WTSHTF the grocery store clerk will not be reading the date on your "silver" dime nor giving you more then ten cents worth for it. Same thing at the gas station.

    o-->


  3. #3
    Palladium Eyebone's Avatar
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    Re: what are some possible scenario's when the dollar crashes?

    A landlord I know here in Seattle will accept PMs for rent right now.

    As long as he does the proper paperwork its legal.

    I don't think we can expect a drone in a chain store to know anything about real money so I would look for a private owner operator, now and when TSHTF.

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    Unobtanium palani's Avatar
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    Re: what are some possible scenario's when the dollar crashes?

    I met a lady in Detroit several years ago who only accepted PMs for rent for her rental units. She did not seem displeased with the exchange rate. Now whether her tenants were happy is more debatable.

    Make me one with everything.
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    Unobtanium palani's Avatar
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    Re: what are some possible scenario's when the dollar crashes?

    Quote Originally Posted by Eyebone
    As long as he does the proper paperwork its legal.
    Rather it depends on knowing who you are and knowing where you are that counts.
    Make me one with everything.
    -- Zen Master to the hot dog vendor

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    Re: what are some possible scenario's when the dollar crashes?

    Yeah, lots of people think it's going to be business as usual except you pay for your Starbucks with a gold coin or a chicken or something. In fact every collapse is unpredictable, even though they are similar in a general way.

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    Great Value Carrots steyr_m's Avatar
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    Re: what are some possible scenario's when the dollar crashes?

    I think immediately post-SHTF, barter & PM's will prevail. After (hopefully) TPTB are dead or irrelevant, PMs will be the currency of choice.
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  8. #8
    Joe King
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    Re: what are some possible scenario's when the dollar crashes?

    Problem is, there isn't enough gold/silver in private hands to allow an economy of 300,000,000+ people to function properly.

    If there's ever a true crash of the system, don't count on getting much of anything from any store after about the 2nd day.

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    Re: what are some possible scenario's when the dollar crashes?

    We'll probably see a rise in bartering and garage/yard sales.
    &quot;Power tends to corrupt, and absolute power corrupts absolutely.&quot;<br /><br />- John Dalberg-Acton, 1st Baron Acton

  10. #10
    Great Value Carrots Silver Rocket Bitches!'s Avatar
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    Re: what are some possible scenario's when the dollar crashes?

    Quote Originally Posted by Book
    Quote Originally Posted by 97guns

    ...trading junk silver for bread and gas?


    WTSHTF the grocery store clerk will not be reading the date on your "silver" dime nor giving you more then ten cents worth for it. Same thing at the gas station.

    o-->

    Maybe not the big chain stores but if the dollar is devaluing on a daily basis, you can expect the locally owned stores and shops to accept hard money.

    In the 70s, some of the gas stations had huge queues lined up for people paying with paper money. Then they had a pump with no line for people paying with silver coinage.

    That seems likely to repeat...
    everything we learn changes that which we know to be true

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