Note from JWR:
p>Today we present a guest post from Mac Slavo, that first appeared in his great SHTFPlan blog.
Day: June 29, 2013
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What is Money When the System Collapses?, by Mac Slavo
What is money? Economist Mike Shedlock defines money through the eyes of Austrian economist Murray N. Rothbard as “a commodity used as a medium of exchange.” “Like all commodities, it has an existing stock, it faces demands by people to buy and hold it. Like all commodities, its price in terms of other goods is determined by the interaction of its total supply, or stock, and the total demand by people to buy and hold it. People buy money by selling their goods and services for it, just as they sell money when they buy goods and services.” What is …
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Letter Re: Relocating and Transport of Firearms and Ammo
Jim, I have a question that maybe you or the readers and contributors of Survivalblog can help on: Relocation of residence from one State to another (for example in my case – from New Hampshire to South Carolina) – and transport of ammunition and smokeless reloading powder and primers. The commercial Moving Companies, or using the “PODS” self-packed units all seem to prohibit their transporting any “Hazardous” materials such as reloading powder and primers, and Ammunition. My Question is in regards to the best way to get a somewhat substantial collection and accumulation of Ammunition moved InterState ? We’re probably …
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Economics and Investing:
Reader M.M. liked this piece at Zero Hedge: The Biggest Ponzi Scheme in the History of the World Jerry E. sent a link to an interview with Max Keiser, where he posits an overnight five to six percent jump in interest rates, and talks about the Edward Snowden situation. Andre D. spotted this: Italy could need EU rescue within six months, warns Mediobanca Jim Rogers: “This Is Too Insane–And I’m Afraid We’re All Going To Suffer For The Rest Of This Decade“ Items from The Economatrix: Ben Bernanke’s Real Message For Gold Investors, Translated By John Williams Dr. Paul Craig …
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Odds ‘n Sods:
Of interest to those who read French, here is an article on the American survivalist movement ran in the Swiss newspaper Le Temps: Aux Etats-Unis, ils sont de plus en plus nombreux à attendre l’apocalypse. Fittingly, the piece ends with an homage to the Swiss tradition of preparedness, and compares it to The American Redoubt concept: “L’inspiration principale des survivalistes se trouve pourtant de l’autre côté de l’Atlantique. Tous décrivent la Suisse comme une sorte de paradis du prepper. «Avec vos abris atomiques, votre armée de milice et votre politique du réduit national, vous êtes les mieux placés pour survivre …
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Jim’s Quote of the Day:
"A standing military force, with an overgrown Executive will not long be safe companions to liberty. The means of defence against foreign danger have been always the instruments of tyranny at home." – James Madison (Constitutional Convention, June 29, 1787)
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