5 Currency Ideas to Use in Economic Collapse SHTF Scenario

Prepping for an economic collapse involves having some currency alternative in a world where money will be useless

History repeats itself. I don’t say that we are close to a SHTF scenario, but as some of you know it’s better to be prepared. Thousands of years ago with no crisis on the go, humans independently abandoned informal barter systems and adopted what we know now as currency. Stones, gems, gold all where the best options to use for trade.

The reasons behind this lies exactly in the fact that a currency must have 3 characteristics; to be light to carry, hard to make/fake and universally recognized.

A gold coin is easier to carry than a bottle of whisky or a fat pig. A diamond is easier to trade and carry with you than some ammo.

So, what can we use as a SHTF currency during an economic collapse?

Gold is for sure the first thing that you can use and the most frequently discussed dollar alternative. Most preppers purchase gold and keep it in case of SHTF scenario. Investing in gold in never a bad idea, but there is a drawback.

Your gold will be no good for you unless you barter it for something substantial and not for something like water or a lighter.

gold_bars
Gold stockpile via cnbc.com

The best post-doomsday currency alternatives will be easily portable, dividable and high valuable. A gold bar is portable as we said, but is not easily dividable for use in small purchases.

Diversification is key when stockpiling your currency for an economic crisis or doomsday scenario. Some items, like precious metals or gems will likely be readily accepted immediately after modern society collapses.

But, the majority of us don’t have “much” to spend on gold bars for example. In these conditions we suggest you invest your money in items that will be extremely valuable, still easy to stockpile.

Solar powered chargers

In any scenario where there are no money involved, energy is extremely valuable. You can store some batteries or chargers, but the best option is to have some extra solar chargers.

You can buy with few buck some solar powered gadgets that can be extremely valuable in a survival scenario. Solar panels are capable of powering different devices and what they can power is dependent on the amount of energy they put out. You recharge headlamps, mp3 players, cellphones, and other low power requirements.

You can find some folding models that you can stockpile and that will require also little space. Make sure to keep one for you also, including a solar powered lamp.

Medication

When everything is not moving anymore, an aspirin can have a very big value. Keep some basic medicine for these days and you can trade them easily. In the likely case of SHTF, one of the first problems survivors will encounter is the lack of pills.

All shops, including drugstores will be emptied within hours of the confirmed crisis. These are the meds that you need to stockpile:

  • ibuprofen (Advil)
  • loperamide (Imodium)
  • acetylsalicylic acid – this is the common Aspirin
  • multivitamins

Of course, it’s better to use as much as possible natural remedies ( especially that some medications are not that good for your liver or simply expire), but having these in stock makes you more prepared for what’s to come.

Seeds

The Centre for Research on Globalization reported that Microsoft co-founder Bill Gates “is investing millions in a seed bank on the Barents Sea near the Arctic Ocean, some 700 miles from the North Pole.

It’s called the Doomsday Seed Vault.

pexels-photo-seeds

The bank will have dual blast-proof doors with motion sensors, two airlocks, and walls of steel-reinforced concrete one meter thick. It will contain up to three million different varieties of seeds from the entire world, so that crop diversity can be conserved for the future.

This means that seeds will be a very valuable asset. A simple way to preserve seeds and protect them from the elements of moisture and oxygen is with a vacuum sealer.

You don’t need the most expensive one, and a vacuum seal will remove the moisture and oxygen to a large degree. As much as possible, try to accumulate and store heirloom seeds. Hybrids are built to be resilient to insects or fungus and even to yield more fruits. Take in consideration not only tomatoes and potatoes, but also trees and even flowers.

Spices

Top_5_Indian_Spices
Spices via archanaskitchen.com

These are on big value even in the condition that you are forced to eat rice for days in a row. But the biggest value have the fact that you can easily trade here:

  • salt and sugar
  • red chilli powder
  • bay leaves
  • black pepper
  • cinnamon
  • nutmeg
  • fennel seeds

Fishing hooks

It’s funny how the simplest of things could turn out to be the biggest lifesavers in an emergency situation. Or an expensive barter item.

Take the fishing hook for example. So small and easy to make with things around you, yet the reward for having a professional one is priceless. First because is very easy to stock and second because it can provide you something extremely valuable: food.

Anyone with a hook can easily fish or catch birds for example, so this make it a very valuable currency to trade in a scenario where there will be no supermarkets.

If you have a pill bottle full of hooks or just a little plastic case make sure to have it together with your gear. Don’t expect the task of catching fish to be all that easy, but I do believe it is important to have some supplies readily available with which to catch fish or just to trade for other items.

There are more variations on this for sure than you can find in one article, but hopefully this gives you some ideas for some shtf items and how they can enhance your food supplies, both in taste, nutrition, and medicinal value.

In a long scale economic collapse, these products will become extremely valuable both as items to barter, or just to give you an advantage to survive.

What other items do yo stockpile and what spices you think are worth to have for surviving?

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