I think the fundamental answer as to who money fails in SHTF situations is that people's time horizons are too short. Holding assets is planning for a distant future, and one in which people are doing well and the is community. Gold and silver have kept their value for thousands of years, but when you are worrying about getting through the next day, only immediately useful things matter.
Gold and silver have kept their value for thousands of years
yes, exactly, basically gold hasn't increased in value for decades because it's all been wiped by inflation now try and trade that gold bar and see what you have left.
Meanwhile any boomer who bought land/property is sitting on an infinite pension that has hugely increased in value through multiple recessions, and can be sold in a week. People will always need housing
yes, exactly, basically gold hasn't increased in value for decades because it's all been wiped by inflation
Gold tracks inflation. It's not an investment, it's insurance and a hedge. It's fiat that's wiped out by inflation.
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