k0xxx
Mr. Sunshine
IMHOCybercat said:What about antibiotics as a bartering item?
Do you think paper money would be worthless? I keep a hundred in singles but have quite a few rolled coins stashed.
Antibiotics have a limited shelf life, so you'd probably be wise to wait until is seemed that things were getting really bad, before purchasing them. It's a bit of a gamble as to when to purchase them, but they would definitely be worth having in a barter situation.
At the rate the Treasury is printing money, the possibility of severe inflation (if not hyper inflation) is real, at least according to some experts. If that occurs any current US money, paper or coinage, would quickly become worth less.
We are trying to put three months worth of income off to the side. We're finding it tough to do, but we are trying. In the case of runaway inflation, we would spend all of the money put aside, plus any additional income, as quickly as possible. We would try to purchase staples, durable goods or bartering items, before the money lost more of it's value.
I don't believe that it will get that bad, but I have nothing to base that on other than blind optimism.