Re: Credit Card Crash: A true story

Robert Sturgeon wrote:

Its usefulness lies in the fact that it is highly valued by
(other) people, if not by you, is fungible, and is therefore
a concentrated form of wealth that can be used as a medium
of exchange. Having such a concentrated form of wealth
might be very useful. I just finished reading a pretty good
(and, so far as I can tell, accurate) historical novel about
the struggle between the Anglo-Saxons and the Danes for
control of what became England. It describes a society
almost completely bereft of what we would consider law and
order, and what did all those people favor for use in trade?
Gold and silver coins. Why are you so certain that "the
next time" will be so different from every such previous
time? Has human nature fundamentally changed? No, you just
have very little understanding of life before (or after) our
current FRN, ATM, check, and credit card economy.

What title?

Anyhow, we have some saying that ammo is a much better trade commodity than precious metals, because /they/ can use ammo, etc.

Well, what sort of ammo? Should we stock .45ACP? Some people don't have 45's. How about 9mm? Same problem. So, we should stock neither .45ACP nor 9mm because some people don't want one or the other. There's even people who don't want .22LR, so that's out as well. We should stock only stuff that every one wants, right?

Why, now, there's even some people who would have no use for ammo, so, by that reasoning, stocking any sort of ammo is a useless idea, right?

I have, off hand, 7.62x39 .308 9mm .45ACP .243 .38Special and .22LR. That I can think of. I also have reloading tools for several cartridges I do not have or have guns for. Trading material I picked up cheap. As well as a little gold and silver, a couple extra axes, a couple machetes, etc that I'm not likely to use but could be traded.

That's just what I can think of before my second cup of coffee.
.

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