Yes I know they have backups; that's not the point! What if there suddenly was no currency in anyone's pocket, anyone's bank balance, anyone's stash of gold? All gone. Backups is cheating. And yes I know you're happy that your mortgage vanished with it, but how are you gonna buy food?
2006-07-10 10:20:11 · 23 answers · asked by wild_eep 6 in Politics & Government ➔ Other - Politics & Government
There would be chaos for many - especially in urban areas. Some would begin bartering items they have with people willing to trade. Those with abilities would begin to barter their trades/services to people in return for items. More than likely, we would return to larger family units for protection as well. People with no truly useful skills or minimal skills would likely fall to the bottom rung of society and end up selling themselves or their families in to slavery in return for basic necessities. However, at some point, people would begin again creating a medium of exchange and an economy would eventually build up again.
2006-07-10 10:32:07 · answer #1 · answered by Crusader1189 5 · 1⤊ 0⤋
Is the money we have now even real?? Its not backed by anything. For the most part its just a bunch of numbers on computer systems. What really determines its value? This seems like a silly question but some great economic journalist are stumped. The way things are going you might get a real answer not a hypothetical one. Invest while people think money has value and buy gold,guns,and bullets
2006-07-10 17:41:33 · answer #2 · answered by captpcb216 2 · 0⤊ 0⤋
If all the money disappeared, you wouldn't need it any more. You would buy food by swapping stuff. I mean, if there was no money whatsoever, all the shopkeepers and everything would not try to get it. Well there would be a lot of money-lovers who would be going round in circle wondering what to do but I think intelligent people would be able to get the things they wanted. That would make a chsnge from those who are just lucky or born with their nose in the air!
2006-07-10 17:31:49 · answer #3 · answered by Evil J.Twin 6 · 0⤊ 0⤋
It's a bit of a communist idea, that, but I'll play along. People would start trading in groceries and jewellry until a monetary system returned.
2006-07-10 17:26:51 · answer #4 · answered by genghis41f 6 · 0⤊ 0⤋
Dear,dear wild eep :
money icludes posessions and belongings, so if these vanished we would do so before them.
IF only banknotes disappeared, life would continue but a new scrooge would have been added to our ailments ( wars,famines,floods,earthquakes,global injustice etc,etc,etc)
LET US SOLVE THESE FIRST AND THEN DESTROY ALL OUR BANKNOTES!!!!!!!!!!!
2006-07-10 20:45:33 · answer #5 · answered by mustafaalnagar 1 · 0⤊ 0⤋
when all the money will vanish from this world then food will also become free,because there will be no money to give n take .
2006-07-10 17:28:59 · answer #6 · answered by Zobi 1 · 0⤊ 0⤋
the poor will no longer be considered poor, and the rich no longer rich. we would have to find another way to .. live. because money as much as people try to deny it, makes our world go round. its what we work for and live of by
2006-07-10 17:25:12 · answer #7 · answered by La Princesa 6 · 0⤊ 0⤋
First chaos - looting, gunfights, etc.
Then bartering. Rich still have more with which to barter.
2006-07-10 17:24:48 · answer #8 · answered by neverbob 1 · 0⤊ 0⤋
we would all trade good or services to get the stuff we need, same as they did before money came about
2006-07-10 17:24:00 · answer #9 · answered by DonnaDoop 4 · 0⤊ 0⤋
ohhh im scared now ..... everyone would start to jump up and down out of pure fear .. the earth would bounce ..would then spin off its axis and go hurtling through time and space .. and erm ... ID HAVE NOOOOO MONEY ...!!! Sobs uncontollably......
2006-07-10 17:26:12 · answer #10 · answered by snooky me! 3 · 0⤊ 0⤋