So, when society collapses, and some folks have a few small bars of gold stashed away in their basements, how will bartering with that bar of gold be accomplished?
I can imagine a gold coin will have some small nominal value, say $100-$200, but a solid bar of gold will be very hard to break apart. What's a poor boy to do? I certainly don't think it's a wise idea to trade a small bar of gold for a loaf of homemade bread. How will that transaction be completed?
Yea, I know some redneck gold hoarders will step in and roll their eyes at my question because they've already broken their bars down into something, but please tell me what that something is.
Thanks.
First, you need guns and ammo to defend against the rogue and desperate mobs.
Next, you need a network of like-minded people who each have things they can barter with.
If you don't have the 2 rabbits to exchange for the 12 dozen eggs, or the pair of shoes and fur coat, then you could use gold and silver coin for the exchange.
Gold bars are for when you just want to stack wealth in a private and non-government form, to be sold off later, if desired.