The Gray Market Role of Defunct Coinage in a Cashless Society

I’ve received several e-mails and letters from SurvivalBlog readers, asking me if and when I believe that a “cashless society” is coming. My response is: Yes, I do believe that it is coming, but I can’t say when. There are some that have argued that a currency collapse will be used as the pretense to implement a multi-continental or even global digital currency. Most likely it would be in the form of a debit card, similar to what has been popularized in Germany with EuroCheck (EC) Cards. I mentioned these cards in my most recent book, “Survivors: A Novel of …




Two Letters Re: How to Drain an Abscess

Hi Mr. Rawles,  I am happy to see the additional information to address abscess drainage in a SHTF situation. Thanks to Dr. Prepper for the  drawing salve idea. I did a pub-med search and found the icthammol does have antibiotic properties although I could not find the mechanism for white cell migration to the surface. I know ranchers use this stuff and modern medicine doesn’t always have all the answers. Thanks. Ladydoc is exactly right about using a big enough incision to get wide drainage without going into healthy tissue-very good addition. I also liked the fact she clarified that …




Economics and Investing:

Jim Rogers: “The U.S. Federal Reserve Is Lying To Us” By way of Tamara’s View From The Porch blog: Like it or not, the euro is doomed. Tam’s comment: “Formerly the province of goldbugs, nationalists, and other assorted doomsayers, predictions of the Euro’s imminent demise are going mainstream. This is the inevitable result of letting Arthur Bach and Ebenezer Scrooge share a joint checking account.” An interesting 20 minute interview with Jim Sinclair. He discusses: increasing precious metals market turbulence is looming, MF Global, a key change in bankruptcy laws (that benefits derivatives holders), hypothecation, and a fundamental shift in …




Odds ‘n Sods:

I deliberately held off on mentioning anything about the “FBI pressures the LDS cannery for lists of customers” brouhaha that was created by Alex Jones, even though I had more than 150 e-mails from readers in the past four days urging me to cover the story. Something about the incident just sounded fishy to me. So now the truth comes out, in SouthernBellePrepper’s video blog: Answers on Mormon cannery controversy. (Credit to M.D.C. for the link.) o o o Life imitates art: Police to test laser that ‘blinds rioters’. (Thanks to Morris for the link.) o o o I read …




Jim’s Quote of the Day:

“Because all of the large nations in the Eurozone are still suffering from deficits above the supposedly required debt-to-GDP limit of 3%, none of them is in a position to bail out the PIIGS without borrowing even more. The PIIGS’ solution — which is nothing but a stopgap measure — is for the semi-profligate governments in the North to co-sign on the bank’s loans for the totally profligate PIIGS. The banks will lend to the North, and the North will then buy Eurobonds, which do not yet exist and are unconstitutional. The semi-solvent North can delay immediate default by PIIGS …