Quote:
Originally Posted by doodah
The thing I keep remembering about this global collapse, is that it is the collapse of nothing. Nothing. Cyber wealth. Digits. Ones and zeroes on computers. We exchange that Nothing for real stuff like food and cars. We pay back our credit card Nothing with pieces of paper that we "earn" at our jobs, or maybe we pay back the Nothing with more Nothing (direct deposit into our banks). It's quite funny if you step outside of it a little bit.
Some communities are creating their own paper money. And why not?
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Indeed. Imagine how the Chinese must feel. They've sent all kinds of real goods to the US and now they're stuck with some digits and paper that may be worthless. There's been an attempt in my community to create local currency and it's met with mixed results, though it may be an avenue to pursue in the future as the fiat dollar disintegrates.