Roman silver and gold coins were the principal money for the known world. The US dollar is the world’s reserve currency today, and nearly all the other 170-odd government fiat currencies are aligned with or refer to it. An accelerating dollar collapse will take most of them down, just as surely as the Roman currency collapse propelled the world into the Dark Ages.
May 26, 2022
A Roman lesson on inflation
[I know people preparing for a version of the Dark Ages. IIRC, they were planning on surviving with mid-1800’s technology. Among other things they were making hard copies of important books which explained the everyday tech to make and preserve food, build homes and barns, raise farm animals, create and care for tools, etc.
If I were seriously concerned about a major reset I would target the late 1950s or early 1960s. This would be the era just before semi-conductors because tubes aren’t that hard to make compared to semiconductors. Internal combustion engines with electric starters and instruments should be doable. Oil wells and refineries, even if operating at much lower production levels, with output prioritized for agriculture production, processing, and distribution should be able to prevent a die-off that sends us back to the true Dark Ages. This preserves enough tech to get us back to present day capabilities before the highly skilled people are all gone.—Joe]