(Natural News)—Even though financial systems seem stable at the moment, there’s no telling when the next financial crash might happen.
Sometimes, a financial crash can cause short-term suffering. However, there have also been times throughout history when financial collapse had worse outcomes. (h/t to AskAPrepper.com)
While humanity has yet to witness a crash that was serious enough to destabilize the government and society in North America, with the fragile nature of financial systems, it is something that may happen soon.
If you ever experience a financial crash that is severe enough to cause country-wide hyperinflation, unemployment and the collapse of the banking sector, you may have to resort to the barter system to acquire the goods and services that your family needs to survive.
If you’re worried about a scenario like this, start preparing and stock up on items that you can use for bartering after a financial crash.
Alcohol
There are almost 15 million people who suffer from alcohol use disorder in the United States. And even those who do not have a compulsion to drink alcohol will be likely to trade goods for a bottle of spirits to calm their nerves in times of hardship.
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If you don’t drink alcohol, having a few bottles of liquor and wine for bartering may still offer some benefits after SHTF.
Ammo
After a severe financial crisis, law enforcement could be overwhelmed and even ineffective. This would cause a true survival situation where crime becomes rampant.
In a wide-scale disaster scenario where the rule of law becomes non-existent, ammo will be as good as, or even more valuable, than money.
Stock up on a surplus of common calibers specifically for bartering. If you’re not sure what to get, stock up on ammo for handguns and small game calibers. You might also want to stockpile air gun ammo.
Antibiotics
When you’re trying to resume normal life after a severe economic downturn, access to medical care will become limited. Unfortunately, common infections could also pose serious threats.
Having a supply of antibiotics can be a lifesaver for those facing bacterial illnesses and are without access to healthcare services.
Try to stockpile commonly used antibiotics, such as amoxicillin or ciprofloxacin, to meet the needs of your neighbors after SHTF.
Batteries
Once the supply of batteries on store shelves is depleted, non-preppers will be desperate to acquire all the standard sizes of alkaline batteries and power banks to charge their smartphones and other small devices that charge via USB.
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If you have a reliable source of off-grid power on your homestead, you can offer to charge devices and battery banks in exchange for other items that you need.
Bottled water
All humans need clean drinking water to survive, but you don’t want to risk your safety and stockpile by giving other people access to your stored water supply after a disaster.
Get two or three cases of bottled water so you have items specifically for bartering purposes.
Chocolate and candy
Many people have a sweet tooth. And while sweets aren’t an immediate need during an emergency, once the financial system has collapsed, there will still be many people who crave chocolate and candy.
Feminine hygiene products
Women will still need feminine hygiene products after a financial crash.
And even if there is no serious grid-down situation, the cost of feminine hygiene products may still increase, so people will be willing to barter with you.
Flashlights
If a financial crisis is severe enough that people need to resort to the barter system, there’s a chance that people will not be able to pay the electric bill or that power will be shut off.
When this happens, people will want to trade with you if you have flashlights.
Try buying packages of several flashlights for less than the price of the included batteries. Products like these are great for bartering because they are cheap and disposable.
Over-the-counter medication
If manufacturing issues can cause supply issues for several months, things might be worse after a financial crisis.
Like antibiotics, many people will need over-the-counter (OTC) medication after a financial crisis or collapse after supply chain disruptions and price increases affect the local supply.
Stock up on these OTC meds so you have a variety of items to trade with:
- Cold and flu medicines
- Diarrhea and constipation medicines and laxatives
- Headache and nausea medicines
- Pain and fever medicines
- Saline solutions
- Skin and allergy medicines
- Sleeping pills
- Wound care medications, like burn cream or antibacterial ointments
Protein bars
Rising food costs may leave non-preppers scrambling for calorie-dense food sources.
Stock up on several cases of protein bars, cereal bars and fruit bars for bartering during a financial crisis. (Related: Emergency food prep: Stock up on manuka honey, a must-have survival food and barter item.)
Radios
After a large-scale financial crash threatens to destabilize the communications grid or forces people to scale back their spending on phone and internet services, you still need to stay in touch with friends and family.
Stock up on radios that operate on the two-meter and 70-centimeter amateur bands. You can also get cheaper shortwave receivers for use as barter items. These items will be popular among those who are desperate for reliable comms.
Tobacco/vape
Like alcohol, there are a lot of people who smoke or vape. After the SHTF and the country dealing with a financial crash, these people will eagerly be trading to get cigarettes or e-cigs.
Stock up on cigarettes and some vape juice so you can trade with them.
Toilet paper and paper towels
During the Wuhan coronavirus (COVID-19) pandemic, the country witnessed demand for one surprising product: Toilet paper.
At the height of the pandemic, toilet paper and other paper products flew off of store shelves. Even if you don’t experience a financial crash, you should always have a good supply of these products, with an additional supply for bartering.
The current monetary system started as the barter systems that humans used for the years that pre-dated the invention of the modern currency that humans use today.
And while humans have been trading goods and services for money, if the currency collapses, society will go back to bartering. As a prepper, it’s best to stock up on bartering supplies like food, medication and ammo so you can trade for supplies after SHTF.
Go to Health Ranger Store to find more prepping products that can be used for bartering. Watch this video to learn more about organic black beans, and why you should have them in your prepper stockpile.
Read more tips and sound off with your own at the Late Prepper Substack.
More related stories:
- HRS SOLUTIONS: Stock up on organic non-fat milk powder, a long-lasting source of essential nutrients.
- SHTF bartering must-haves: 13 Things that will be in demand after an EMP attack.
- Sensible prepper rules to follow when building your emergency stockpile.
- Survival beverages that are a must for your pantry.
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Don’t wait for a stock market crash, dedollarization, or CBDCs before securing your retirement with physical precious metals. Genesis Gold Group can help.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
