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PBS Great Performances: Sting - the Last Ship (Full Concert)

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Birth Control Works3/03/2014 7:22:15 am PST

re: #297 GunstarGreen

Currency only has ‘value’ insofar and as long as people are willing to accept it in trade for goods and services. The idea is, somebody is engaging in a trade with you, but they don’t have any good or offer any service that you want. Normally, this would stop the trade cold, but with currency, they can give you a generic placeholder that most people agree carries a certain weight, and you take that in trade instead. Then you can take this agreed-upon placeholder and trade it to someone else that has a good or service that you actually want, but to whom you can provide no desirable good or service.

Thus is economy.

After the zombie apocalypse happens, your money — whether that’s in bills or in gold — will be worthless. Because nobody will be willing to accept some paper or shiny metals in place of something they can actually use to survive then and there, like a good can of beans. Or maybe a roll of duct tape.

ammo and water will be currency?