Karatbars is not a scam/scheme/whatever

[Distriimuir]

When our currency fails it'll effect other first worlds economies because of how connected we all are now. The only thing that'll matter in that scenario is foods and medicines, they will be worth more than double their weight in gold.

This is what I am saying.

So if the world's economies fail, we are screwed and will never go back to a system of money? 

people would go to gold because it's easy to make change for it.  you can't cut a leg off of a live cow because the thing you wanted wasn't worth the whole cow.

No they would trade what meat they had for whatever you had, and to them gold wont mean a thing, if you had feed or medicine they would though. Gold means nothing if people are starving to death.

[Distriimuir]

Yes but at what point is unknown, we could be using barter for decades.

[Distriimuir]

It wouldn't be quick. Our currency fails so does other major nations, which would create a domino effect around the world. We used the barter system for hundreds of years even with gold exsisting. It would be our system for a long while. Your gold would be useless for your lifetime most likely.

[Distriimuir]

Actually it does. Maybe I was right and your a troll that loves to argue. In the Middle East and Africa ( First Nations of the old world) they used the barter system for a long period. Hundreds of years, even though gold was a commodity. You just got out of high school so ill give you the benefit of not knowing to much of history. But you are wrong in this aspect. This will be my last post to you as I'm fairly certain you are a troll or 18 year old that is in the I know it all faze of life.

[Kaworu, the Fifth Child]

History doesn't support that.

Yes it does, the Silk Road for example.

[particle]

If every single currency system failed at once, people would want gold because it's inheritatnly valuable.

Not really, people would want gold because it is familiar. Everyone understands that gold coin has value, if only from childhood fairly tales. Value of things is measured with want people have for the things. In other words, value of gold is not objective and therefore not 'inheritatnly valuable'.

It's color, luster, pliability, and it never rusts or tarnishes makes it inheritatnly valuable.  As opposed to paper currency which is not inheritatnly valuable.

Gold's color, luster, pliability and the fact that it never rusts are its objective physical properties. Value is in virtual realm, it is subjective.

When you are in apocalyptic situation and want to inhale life saving medicine you cannot do it with rolled up gold coin, but you can do it with dollar bill.

When you are in apocalyptic situation and happen to have many guns for sale, I would bet that you will accept gold rather than Coke caps

I quoted this because I think its very important. You chose to only respond to the second and third paragraph with a ?, but you completely ignored the first paragraph. ive seen you define gold as having  "inherent value" twice that "It's color, luster, pliability, and it never rusts or tarnishes," but those characterics are not unique to gold.  Many other metals do not rust, are shiny and pliable, but dont command the value that gold does. The only thing that gives gold, and anything else for that matter, value, is our valueing of it.

[Dstyle1]

Wasn't cinnamon highly valuable for some time.

[Mr_Fahrenheit]

I dare you to eat a teaspoon of cinnamon

[Agrus Kos, Enforcer of Truth]

If every single currency system failed at once, people would want gold because it's inheritatnly valuable.

Not really, people would want gold because it is familiar. Everyone understands that gold coin has value, if only from childhood fairly tales. Value of things is measured with want people have for the things. In other words, value of gold is not objective and therefore not 'inheritatnly valuable'.

It's color, luster, pliability, and it never rusts or tarnishes makes it inheritatnly valuable.  As opposed to paper currency which is not inheritatnly valuable.

Gold's color, luster, pliability and the fact that it never rusts are its objective physical properties. Value is in virtual realm, it is subjective.

When you are in apocalyptic situation and want to inhale life saving medicine you cannot do it with rolled up gold coin, but you can do it with dollar bill.

When you are in apocalyptic situation and happen to have many guns for sale, I would bet that you will accept gold rather than Coke caps

I quoted this because I think its very important. You chose to only respond to the second and third paragraph with a ?, but you completely ignored the first paragraph. ive seen you define gold as having  "inherent value" twice that "It's color, luster, pliability, and it never rusts or tarnishes," but those characterics are not unique to gold.  Many other metals do not rust, are shiny and pliable, but dont command the value that gold does. The only thing that gives gold, and anything else for that matter, value, is our valueing of it.

Yeah, why couldn't stainless steel forks become the new currency? They don't tarnish, and they're shiny!

[MuggyWuggy]

Much easier to eat with a fork compared to a karat bar

[Dstyle1]

Why the .love. are you all arguing the merits of precious metal in a flat-lined economy? Are we seriously having this discussion?

Yup

[Silent1236]

Why the .love. are you all arguing the merits of precious metal in a flat-lined economy? Are we seriously having this discussion?

The internet in a nutshell.

[Dstyle1]

I think Taysby might be into something...

I am starting a new mlms called carrot-bars.

When the value of everything is gone, you can use carrot-bars to either trade barter with or eat for survival!! Brilliant! For only $15 send you a bag of carrot......bars

Taysby I'll give a deal and you can get your bags for $10 and anyone that uses your special code I'll send you a commission for every bag-errr bar they buy.

First come first serve I'm only here to help you!

[Kaworu, the Fifth Child]

I'll take five.

[Dstyle1]

That's $75