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.

  • Rhynoplaz@lemmy.world
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    3 months ago

    When the world collapses, nobody’s going to care about gold.

    Stock up on bottlecaps instead.

    • Starstarz@lemmy.world
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      3 months ago

      As a person who has an abnormal number of bottlecaps for hobby reasons, thank you for making me feel rich! Also, why would anyone else want these?

      • Atlas@lemmy.world
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        3 months ago

        I think they’re referencing the game Fallout where bottlecaps are used as currency

        • hungryphrog@lemmy.blahaj.zone
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          3 months ago

          I mean, considering the fact that numerous pre-modern cultures relied on (diluted) alcohol as their main drink since water was too dirty to drink safely without mixing it in with wine/beer/whatever, and that a lot of people would use alcohol to cope with te hard times that might actually be a good skill to have in the scenario of large amounts of infrastructure becoming unusable. (modern knowledge of germ theory & boiling drinking water would probably make it a lot more useless, but I bet you could find people willing to trade supplies with you for a nice drink.