@xianc78 @digdeeper @ryo @udon That is a smart idea. When things are not going well, there are certain resources that become more valuable, and lead should be one of them.

But yeah, I do think that something like ammo could be a good option, as long as it's worth what it's actually worth, and not some arbitrary value, and as long as anyone can manufacture it. Inflation would be limited by the manufacturing cost, and at some point making more of it simply wouldn't be worth it. There may be some horrible flaws with that idea, though. I would have to think about it a lot more.

Using certain foods, rice was used in the past, could also work, because anyone can grow it, but if it's too abundant and loses too much value, people won't grow as much of it and will also consume more. So, inflation is actually quite difficult. The problem with doing that nowadays is obvious, though, like needing a truckload of rice to pay for anything.

Honestly, I think fiat can work, if done correctly. First of all, get rid of fractional reserve banking, and of the "Federal Reserve". Here is an idea that I had one day and saved:

"I had an idea in the shower today, though, that could eliminate all government debt AND inflation. And the idea was… print enough money to pay all the debt, and then implement a tax for banks that scales with inflation. The higher the inflation, the bigger the tax. And the money collected from that tax is destroyed. When it gets to 0% inflation, then the tax will be 0%. That will force the banks to keep inflation low and to not lend too much. Oh, and ban fractional reserve banking. So, they can only lend what they actually have. No more. No creating money from nothing. If done right, this would pay off all the debt, and it would reduce the inflation to zero. Well, if I'm right, at least."

The Jew hates this idea.