In times of Crisis and uncertanities toilet paper can be new currency - page 2.

demonica

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Quote from: Fullbear2222 on January 12, 2024, 09:58:58 AM

Quote from: franky1 on January 12, 2024, 09:47:13 AM

if the concern is toilet paper.. then the fear is mild.
id move to washing my butt if retail superstores stopped stocking certain items.

in real times of crises food is more essential. meat and potatos become king currencies
in times of national security crisis. weapons, shelter become crucial..

toilet paper is not top of the list. its more of a convenience/luxury, not a life survival necessity
ud be better off stocking up on tinned veg and tinned meat

in last couple years alone tinned soup in the UK went from 40p (50c) to £1.30 ($1.50)
so thats a 3x mark up
toilet paper didnt really get hit hard by inflation.
(£0.38p a roll to £0.42p a role over same time scale (0.1x))

If you toilet paper away then people will go grazy tell them stay home and wear masks they don't mind.
Nowdays toilet paper have become very needed asset.

Do you remember? When there was toilet paper shorttages on need? People went panic buying.
So it is important.

Idk in your country but that doesn't apply to evey country. In my country or probably most Asian country, we don't really experience toilet paper shortage during pandemic. Why use toilet paper when you can wash with water and soap, which is more clean especially during the surge of the virus. Toilet paper as a "needed asset"? It can be essential for your hygiene but there are better alternatives so I don't see toilet paper as one. What I've seen people rushing to buy aside from foods, are alcohol, mask, and other cleaning products for their homes.

Also, the fear with covid have already decreased after some years, so do you think people will still hoard and panic buy? Or you'll just gotta wait for another pandemic?

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I remember seeing on the news footage of people in supermarkets, racing to buy toilet paper & fighting over it during Corona Virus. I find it ridiculous myself, if we ever find ourselves in an actual deadly pandemic that kills more people than survive it, the last thing I will care about is toilet paper. I will wipe my ass on anything I can find before I start fighting over toilet paper.

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The currency begins to lose its value over time, and in some economies the collapse is hasty, but without knowing the cause of inflation, most likely, your measures to protect your money from a decline in its value may not give ideal solutions. One of the simple solutions is to buy Bitcoin or the dollar, while there are methods that differ depending on your country and the causes of inflation. In which.
In general, investing in goods and services that are easy to sell, and then quickly converting local money into dollars and purchasing products with it, is the common denominator for economic solutions.

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I think this topic is kind of silly, because it is an obvious extrapolation on what we saw during the worst days of the pandemic and the way people were going but about stockpiling toilet paper. In reality, the theory of toilet paper surging as the ultimate currency in times of economical desperation does not hold because those things we saw during the pandemic only happened because people could continue to have their lifestyle in their houses while in lockdown. People had food, water, entertainment, so they started to freak out for the silliest thing possible, and that was toilet paper.
In the real life, if a crisis or very big proportions were to hit the world, toilet paper would be one of the last concerns, people can always wash their privates in a river or something.

It would be a luxurious thing to have, but surviving is not about luxuries, it is about the bare minimum: food, shelter, medicine, self-defense, water and a little bit of entertainment so one won't lose one's mind.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

~snip

Of course what you say is interesting and can be discussed. However, the parable you convey may not be accurate. Here there are two things that are valuable, but do not have the principle of equality. We have heard about the history of Zimbabwe where the currency went to zero, and they brought it in carts to exchange for small objects or daily food. But they do not make examples of dirty things. Currency is a symbol of honor. Where a country will be considered strong, when the value of their currency is strong. Tailet wipes are only valuable to those who use them to clean dirt, but there are many people who clean dirt with water, and water is much better for cleaning dirt than anything else.

If a crisis occurs, what is most valuable in this world? Certainly not toilet paper.
If a crisis occurs, the most valuable thing is land. If someone has a piece of land they can grow crops, and this can make people survive any conditions. Currency may be worthless when the world is in crisis, but wheat, rice, corn and other staple foods remain highly valuable. It's just that the concept of trade goes back to the past, where someone exchanged goods for goods, not exchanging goods for money or any paper.

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There'd be a huge concern if people are desperately looking for food and clothing rather than toilet paper.

You can always make do with bidets or water if you can, but you can never cheap out on food or fall short with it as you will be depriving yourself with nutrients and other essentials which are important for you to function. Hygiene is impprtant, but then again there are still other alternatives to keep you clean, and not just toilet papers.

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Well, it is called trading and not really a currency; is it systemic? Does it have taxes? Are transactions of toilet papers traded being monitored? What about the total supply? These are just some of the characteristics which characterize a currency and it happened that toilet has none of it. It would be an arbitrage or agreement between two or more parties; everything's fine as long as everyone agrees but we cannot frce others to also do so or create your own system about its "assumed value". There was a time on the recent years wherein the shortage of toilet paper was broadcasted. But why did it end? 'coz demand simply depreciated along with other things which were being hold for a long period of time. Depends also with crisis; is it related to famine?

Quote from: Oasisman on January 17, 2024, 04:58:57 PM

Is this being influenced by what happened during Covid lock down? Where everyone was rushing to the supermarket to grab as many toilet paper as they can? Well, I don't think that'll last If the crisis or disaster is greater and longer than Covid. Food and water are far more essential than toilet paper. Well, I get it, again it's because of what happened of the Covid lockdown. Toilet paper, isopropyl alcohol, face masks, and other disinfectant stuff price were skyrocketing due to huge demand, but no I don't think any of those can be a new currency in times of crisis. Again, food and water are far more essential. I'm used to getting my ass washed with water though.

Environment and culture depends on the country or location in general. And in mu country it was never felt simply because we have different way than with the elite ones so for sure there will be exclusion and inclusion factors you might not want to.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Am not sure what to make of your post but one thing am very sure of is - it lack sense.
How the hell tissue paper is going to be of any value interms of crisis?
What exactly will anyone do with tissue paper bedside whipping their behind?

Remember you need food before using tissue, if there is no food to eat what exactly will you bring out? Grin

Plus when there is fire or rain, your genius tissue paper idea will go down the drain or flame Cheesy

Go and look for other valuables to store because your idea lack senses and will not yield any positive outcome if there happens to be any crisis.

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Quote from: lizarder on January 21, 2024, 01:57:46 AM

Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

Because of the devalued nature of fiat its value will continue to fall over time and not to mention when inflation or recession occurs which will make it even worse. Fiat currencies are increasingly losing balance and it is becoming increasingly difficult for us to store them because their value continues to decrease.

That's why crypto users don't recommend you store large amounts of fiat. Fiat will lose its value due to inflation, we all know that although there are still many people in this world who do it consciously.

If someone is not interested in crypto, including bitcoin as one of them, then they can choose gold or land as a place to store value. These two assets will not lose value in the long term and it is very rare for land to become cheaper after purchase unless it is not strategically located. You have to choose a store of value asset because inflation has clearly made the value of an item more expensive over time.

Quote from: lizarder on January 21, 2024, 01:57:46 AM

Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Goods may retain their resale value much better although price reductions can also be caused by competition, but commodity goods will be much more reliable in retaining their value and perhaps in the next ten years they can be exchanged for food and still have value. For example, currently we save the same amount of fiat currency to buy tissue, so in the future fiat money will no longer be valuable in that amount while the price of tissue could soar due to the price increase process.

That is the real difference that we encounter in everyday life because storing fiat currency is completely unproductive and we can see the impact in the long term of not being able to maintain value. That's the nature of currency and it will continue to run like this forever, so we have to be able to think rationally to keep the currency we have more productive.

This is bartering, but I think this method is ancient. People don't like it anymore and they tend to look for more realistic and practical solutions without the need to prepare warehouses to stock dozens of boxes of such low-value items. So far I prefer holding crypto (bitcoin or some altcoin) as a store of value asset other than gold. I think both options can provide resistance to inflation.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

Because of the devalued nature of fiat its value will continue to fall over time and not to mention when inflation or recession occurs which will make it even worse. Fiat currencies are increasingly losing balance and it is becoming increasingly difficult for us to store them because their value continues to decrease.

Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Goods may retain their resale value much better although price reductions can also be caused by competition, but commodity goods will be much more reliable in retaining their value and perhaps in the next ten years they can be exchanged for food and still have value. For example, currently we save the same amount of fiat currency to buy tissue, so in the future fiat money will no longer be valuable in that amount while the price of tissue could soar due to the price increase process.

That is the real difference that we encounter in everyday life because storing fiat currency is completely unproductive and we can see the impact in the long term of not being able to maintain value. That's the nature of currency and it will continue to run like this forever, so we have to be able to think rationally to keep the currency we have more productive.

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Quote from: dansus021 on January 20, 2024, 09:47:20 PM

Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Bor if you have money and can stock a lot of stuff I would consider you buy more essential things like food, canned food MRE from the military or drugs and pure alcohol. So in case there is chaos or world war those has a potential as new currency

Believe me here is southeast asia people are not using toilet paper and we use water maybe there is one or two country or people that using toilet paper but we are totally fine without it

If someone believes that the country in which they are living is about to go through a period of turbulence, the correct choice is not really to stock items to survive that period but to leave immediately, and in that case it is better to keep our wealth in a form that we can easily move through the borders of a country.

And bitcoin is a great way to do this, as you can move your coins with you with a single piece of paper or in any media that can store that information digitally.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Bor if you have money and can stock a lot of stuff I would consider you buy more essential things like food, canned food MRE from the military or drugs and pure alcohol. So in case there is chaos or world war those has a potential as new currency

Believe me here is southeast asia people are not using toilet paper and we use water maybe there is one or two country or people that using toilet paper but we are totally fine without it

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I don't see any connection between toilet paper and war. In a place where there is war and scarcity of money or there is no access to physical cash, I sudjest that they can adopt trade by bater. Where the individual will exchange what they have in other to survive. To every problem there is always a solution. I think during times of war many things has happened and many people survive without money. After war people become more close and friendly like never before, because that is the only way they can scale through the trauma and scarcity of food. One characteristics of living thing is adaptation, we as humans can adapt to any environment we find ourselves regardless of tribe, ethnicity, religion, rich or poor. So using a toilet paper has never been recorded anywhere in the history of man, that It can be used as currency.

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Not to joke around or anything, but I do believe that when the fiat world, or economy becomes destabilized, "items" could be used for barter, it is not really a lie. During the pandemic it was sort of tried, like people wanted to get as much as toilet papers and sanitizers and so forth, to make sure that they are stacked, and some even wanted to buy so they can resell at higher value later on.

However, that did not work, because factories were still churning out items and had plenty more at storages as well, so it never really ran out, it did ran out of stores, but it never ran out from the market, when you bought the whole lot from one store, the next day they restocked it. So the idea has been tested even recently.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.
It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.
Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.
So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

That toilet paper limited stocks is just temporary due to covid issues before people keep hoarding a lot of items not even the toilet, and if that toilet becomes one of the necessities of the people i guess that kind of mindset that the toilet can now use as form of money to exchange into other things, but if the economy of that particular country still has a good run with their government that's too far from reality from now, still there's some inflation of the price but still the money matters with the expenses and not a toilet paper.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

I know in many places people don't use toilet paper.

But it must also be expressed that it is useful but not too important in times of crisis and instability. What do people need? Food, energy, fuel, pharmaceuticals,... go back to the issue of survival to see what the needs of life are to prioritize the needs.

Yep, there will be some cases like the way the OP mentioned toilet paper, but in general you are dealing with material issues (money) and not issues during times of crisis and instability. The demand is enough, not speculation about becoming a toilet paper warehouse, just leave that job to the factory.

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Quote from: Fullbear2222 on January 12, 2024, 09:35:30 AM

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Good luck with your investment on toilet paper, but toilet paper isn't scarce. One tree can cover year of toilet paper for 6 people, and you can make more by recycling paper. Just because it run out from some shelves from shops momentarily, doesn't mean it would be running out. Why would shops even use too much space for something like it, it takes ton of space to keep dry and they can just get it more if it runs out.

You can make more of it by recylcling paper, so stating it's somehow in danger to run out is just weird.

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Actually the purpose of this topic is very simple, but you make it seem like a puzzle that is very difficult to solve. When inflation occurs, you must be prepared to face it by seeking profits from the shortage. Collect all the items that are staples in your village, including toilet paper if needed, you can exchange them which can provide benefits from the inflation that is currently hitting your area. Simply put, you can buy Bitcoin to avoid the impact of inflation, or you can become a distributor of basic necessities for people in your area by receiving Bitcoin payments if they are familiar enough with Bitcoin.

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well without toiler paper you can just wipe your butt with literal paper, i don't think toilet paper can be the new currency despite the fact that in previous pandemic crisis there are so many people hoarding toilet paper but lets be honest here, people are hoarding this because its the cheapest basic thing that every people need so people hoarding it to feel relieved while they are absolutely doing nothing here, at time of crisis, you can just survive like you're supposed to survive in the wild, just use whatever means to keep your self clean and thats it, not to mention that toilet paper getting produced everyday by large quantity.
literally if there's woods then there's toiler paper you just need to wait for some factory to manufacture it and then the toilet paper crisis solved because people that hoard aren't gonna use that many toiler paper at once.
they hoarding it for long term and the production of this thing is easy.

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Is this being influenced by what happened during Covid lock down? Where everyone was rushing to the supermarket to grab as many toilet paper as they can? Well, I don't think that'll last If the crisis or disaster is greater and longer than Covid. Food and water are far more essential than toilet paper. Well, I get it, again it's because of what happened of the Covid lockdown. Toilet paper, isopropyl alcohol, face masks, and other disinfectant stuff price were skyrocketing due to huge demand, but no I don't think any of those can be a new currency in times of crisis. Again, food and water are far more essential. I'm used to getting my ass washed with water though.

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