Initially, there was a video to go with this post. I will either make a new one or find a replacement. Sorry for the confusion. -Update 2020
The end of our money system or the beginning of something new? And how Eggs play a part…
In the video, the narrator makes a strong case for how the dollar is facing imminent doom. Are you ready for a situation where it takes USD 10,000 to purchase a gallon of milk, a loaf of bread, or one dozen eggs? I would say many are not. However, what are some real alternatives that could work?
Alternative Money
Something to consider is how Bitcoin seems to take over some African areas as the only working form of currency, a kind of anti-collapsing money system. Earlier this year, I discovered that the largest online retailer in Africa started accepting Bitcoin. I find that news very interesting.
Another alternative isn’t so new. Precious metals, gold, and silver are the excellent ole standbys that predate us. It would be a little foolish to put all your reliance on something younger than you are, and unless you are around four at the time of this writing, that means bitcoin is very new.
Other Ways
Everyone always brings up bartering, but in the book Debt, we can see this is somewhat of a mythical behavior that none uses practically. However, it is still something that could work on some levels. Need a security light setup? – Ok, give me three dozen eggs.
Questions
What would likely work better will be derived products, but problems arise when we try to think this out. For instance, how many eggs is a security light really worth? I personally eat six eggs each morning… Installing that security light with the solar panel will give you years of protection, maybe even from predators searching for eggs. But those eggs will only last me around six days…
Break Down of Egg Problem
Let’s take that a little further. Let’s say it saves you three eggs a week from raccoons and possums and that your light lasts for two years. My install just saved you (52*3 = 156 for 1 year then 156*2 = eggs over the 2 years) 312 eggs, 20-30% seems like a more fair deal.
Almost Conclusion of Egg Problem
Suppose you agreed to the 30% deal spread out over the years. I would get somewhere around 1 egg a week. Now I need to find a way to do this same deal for (6*7) 42 people, and I can have my 6 eggs a day…
That almost seems to work out nicely, except we have more room for problems as we add more people and complexity to our system.
Unforeseen Problems of Egg Problem
Now we have to look at situations like what happens when the light breaks? Does the original deal still hold? If it holds, how are we counting “saved” eggs? Do we “reset” or continue the deal when I fix the light?
Another thing is what if one of these 42 people gets mad at you, moves away, dies, or has other issues… While, in theory, the solution above sounds good, it is quickly becoming full of holes. Without trying, I have just made a case for how we need to get paid now…
Proper Conclusion to this Article
Something sorely missing from the prepping world is looking at things like making money, starting businesses, or getting the right job to properly prep. Maybe your money allows you to buy the supplies and land you need. Or starting a business will enable you to make the right connections. Or getting the right job will allow you to learn new skills that will help you later down the road. While money systems are likely collapsing around us, we still need to play in them to gain the resources we need for later. It is kind of what it is all about; preparing.
I will write more about this because I think it is essential, and the first thought I had when I watched the video is that I need to make so much more money to better prepare my family and have the resources we need to get through any coming problems.