# Yet another digresion about precious metals as currency

**URL:** https://discourse.cataclysmdda.org/t/yet-another-digresion-about-precious-metals-as-currency/23446
**Category:** The Drawing Board
**Created:** [April 28, 2020, 1:52pm UTC](https://discourse.cataclysmdda.org/t/yet-another-digresion-about-precious-metals-as-currency/23446 "2020-04-28T13:52:55Z")
**Posts on this page:** 1
**Showing post:** 13

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### Author: ![Valase](https://sea2.discourse-cdn.com/flex016/user_avatar/discourse.cataclysmdda.org/valase/32/6972_2.png) [@Valase](https://discourse.cataclysmdda.org/u/Valase)
#### Post date: [April 28, 2020, 4:04pm UTC](https://discourse.cataclysmdda.org/t/yet-another-digresion-about-precious-metals-as-currency/23446/13 "2020-04-28T16:04:47Z")

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> [@mlangsdorf](#):
>
> As long as most people believe the speculative value of gold is nearly zero, the speculative value of gold is nearly zero because no one expects they’ll be able to trade it with anyone else. It’s a bit of a self-fulfilling prophecy.

> [@The post-apocalyptic economy is kinda borked](https://discourse.cataclysmdda.org/t/the-post-apocalyptic-economy-is-kinda-borked/23440/18):
>
> Every survivor needs ammo, food and meds _right now_ , while money is essentially just the promise of _future_ goods.

That’s exactly what I’ve tried to say, thank you.  
Gold or other currencies only pop up if people are wealthy. I remember reading that some country returned to good to good trade when their money devalued (Uruguay? Paraguay? Colombia? I don’t remember and can’t find the article anymore).

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