I know people out there who have invested a lot in gold under the belief that in the event of like complete societal collapse or hyperinflation, they could use it for purchasing.

I have the hunch it’s a scam, but I haven’t learned enough monetary theory, business, or economics to understand why.

  • tea@lemmy.today
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    14 天前

    It will be whatever the remnants of society deem valuable and convenient to use for condensed wealth. Probably bottle caps.

    Unrelated, anyone else looking forward to fallout season 2?