Estimated reading time: 6 minutes
Imagine a scenario where cash has become worthless. It could be hyperinflation, where it takes a wheelbarrow of cash to buy a loaf of bread. Or it could a devastating act of terrorism such as a bioweapon or an EMP that sets the country back 100 years. Whatever the cause, there could come a day when our money becomes useless.
And it won't necessarily be a nationwide disaster that causes this to happen. In a local disaster such as a powerful hurricane or earthquake, the power will be out which means the banks will be closed. And if they don't reopen, there won't be enough cash to go around.
In any of the above scenarios, people will be forced to barter with one another until power is restored or a suitable currency emerges. In case that ever happens, it's a good idea to have a wide assortment of barter items. That way if someone has something you need, you're more likely to already have something they need.
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Precious Metals
Although precious metals are a great thing to have as a part of your portfolio, they might not be ideal in a survival scenario. If the SHTF, most people are going to be more interested in things they can use than gold and silver.
On the other hand, many people believe in the intrinsic value of precious metals. So in a survival situation, precious metals could emerge as a popular form of currency.
This is why I recommend getting some metal, but don't put all your eggs in one basket. It's probably best to buy silver instead of gold because even small pieces of gold are too valuable to trade for any items you would want from your neighbors. Try a site like apmex.com where you can buy a roll of 20 American Silver Eagles.
Alcohol and Tobacco
Again, don't put all your eggs in one basket. In survival situations, nicotine addicts are going to become desperate and some of them will trade useful items just so they can smoke. And if times are tough, a lot of people will crave spirits so they can temporarily escape the reality of their situation.
However, if things are really bad, your alcohol and tobacco might be useless. In a post-apocalyptic scenario where people are starving, even nicotine addicts and alcoholics will be more interested in food.
I recommend storing a few cartons of cigarettes and several bottles of alcohol, but no more. And if you have a drinking problem or are an ex-smoker, please don't store any alcohol or tobacco. It might become too difficult to resist.
Other Items
The point of this article is that in most survival situations, people are going to want things they can use. If you want to store up items you can trade, they need to be useful and have a great space-to-value ratio.
For example, people might want shovels, but they might also want lighters, and a pack of lighters takes up a lot less space than a shovel. Lighters are also very portable, a necessity when visiting your neighbors and making deals.
Here's a list of fairly small items that could be great for bartering during a disaster:
Air pumps
Allergy medicine
Aloe
Ammo
Aluminum foil
Animal traps
Antacids
Antibiotics
Anti-histamines
Antiseptics
Apple cider vinegar
Aspirin
Baby food
Baby formula
Baby wipes
Baking powder
Baking soda
Bandages
Bandanas
Bar soap
Batteries
Beans
Belts
Benadryl
Bicycle parts
Binoculars
Bivvies
Bleach
Borax
Buckets
Bug spray
Burn gel
Camp stoves
Can openers
Candles
Canned food
Canned shortening
Canning jars/lids
Cast iron cookware
Chap stick
Charcoal
Chocolate
Cleaning supplies
Clorox wipes
Cloth diapers
Clothes line/pins
Coffee
Coffee filters
Coleman fuel
Collapsible bottles
Combs
Compasses
Condiments
Condoms
Cooking oil
Corn starch
Cotton balls
Cough drops
Crayons
Crisco
Cups
Dehydrated meats
Dental floss
Diapers
Dish soap
Disposable gloves
Disposable razors
Dried soup mix
Duct tape
Emergency whistles
Energy bars
Feminine products
Fire extinguishers
Fire starters
Firesteels
First aid kits
First aid manuals
Fishing gear
Fishing nets
Flashlights
Flour
Flyswatters
Folding saws
Foraging guides
Freeze-dried food
Games
Garden seeds
Gatorade mix
Gauze
Geiger counters
Glasses repair kit
Gloves
Glow sticks
Guns
Glow sticks
Grain mills
Hairbrushes
Ham radios
Hammers
Hand crank radios
Hand sanitizer
Hand warmers
Hard candy
Hatchets
Headlamps
Heat packs
Herbal medicines
Honey
Hydrogen peroxide
Imodium A-D
Insect repellent
Instant coffee packets
Iodine
Jelly
Jerky
Kerosene
Kleenex
Knives
Lamp oil
Laundry detergent
Leather gloves
Lifestraws
Lighter fluid
Lighters
Local maps
Lockpick sets
Lotion
Magnifying glasses
Maps
Masks
Matches
Measuring cups/spoons
Milk, powdered
Mini greenhouses
Mosquito netting
Mousetraps
Mouthwash
MREs
Multitools
Multivitamins
Mylar blankets
Nail clippers
Nails
Needles/Thread
Nuts and bolts
Nylon rope
Off spray
OTC Meds
Painkillers
Pantyhose
Paper
Paper clips
Paper plates
Paper towels
Paracord
Paraffin wax
Pasta
Peanut butter
Pencils
Pens
Pepper
Pepper spray
Pet food
Plastic sheeting
Plateware
Playing cards
Ponchos
Popcorn
Portable solar panels
Portable stoves
Prescription drugs
Protein powder
Q-tips
Quikclot
Rat poison
Razor blades
Reading glasses
Rechargeable batteries
Rice
Rope
Rubber bands
Rubbing alcohol
Safety pins
Saline solution
Salt
Saw
Scissors
Screwdrivers
Screws
Sea salt
Seed packets
Sewing supplies
Shampoo/conditioner
Sharpening stones
Shaving cream
Shoelaces
Signal mirrors
Slingshots
Snare wire
Soap bars
Socks
Solar battery charger
Solar flashlights
Solar lights
Spaghetti sauce
Spices
Sponges
Spray bottles
Sugar
Sun block
Sunglasses
Super glue
Survival books
Syrup
Tampons
Tape
Tarps
Tea
Tents
Thermal clothing
Thermometers
Toilet paper
Tools
Toothbrushes
Toothpaste
Trash bags
Tuna fish (in oil)
Tupperware
Tweezers
Twine
Underwear
Utensils
Vaseline
Vinegar
Watches
Water bladders
Water bottles
Water filters
Water flavor packets
Water purification tablets
Waterproof matches
Wax paper
WD-40
Wicks
Wire
Wrenches
Yeast
Zip ties
Ziploc bags
In a post-collapse world, the definition of wealth won't be having lots of money, but having lots of resources. Items we take for granted today could become the new currency tomorrow.
Remember that this list is not definitive. The value of items could change based on circumstances, availability, and individual needs. Preparedness is key, but adaptability is crucial.
Also remember that in a barter economy, currency isn't just about what you have, but what you can do with it. Therefore, along with stocking up on these items, it's just as important to learn how to use them. A fishing kit won't do you much good if you don't know how to fish.
Always remember that the greatest asset you have is your knowledge.
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