In a world of economic uncertainty, the age-old practice of bartering may once again become a vital skill.
The Great Depression saw widespread bartering as cash became scarce, and more recently, countries like Venezuela have experienced similar phenomena during economic crises.1
As the saying goes, “Hope for the best, but prepare for the worst.” By stockpiling important barter items, you’re not just preparing for a potential economic downturn but investing in peace of mind. But what exactly should you be stockpiling?
1. Precious Metals
Gold and silver have been valuable for millennia, and their worth isn’t likely to diminish anytime soon.
In times of economic turmoil, these precious metals often become a go-to form of currency. Their portability and universal recognition make them ideal for bartering.
Junk silver coins, in particular, are an excellent option for stockpiling. These are pre-1965 U.S. coins with 90% silver content. (ref) Their smaller denominations make them perfect for everyday transactions in a barter economy.
2. Seeds
Seeds transform into liquid gold in a world where food production becomes crucial. Open-pollinated vegetable seeds are especially valuable, as they allow for continuous cultivation.
By stockpiling various seeds, you’re preparing for your survival and creating a valuable trade commodity. Learning to save and store seeds properly enhances their value. This knowledge, combined with a robust seed stock, positions you as a vital resource in a community struggling to feed itself.
Remember, in a post-collapse world, the ability to grow food could be more precious than any shiny metal.
3. Ammunition
When society breaks down, personal security becomes paramount. Ammunition, therefore, becomes a highly sought-after commodity. Different calibers cater to various needs, from hunting to self-defense, making them versatile barter items.
However, it’s crucial to approach ammunition stockpiling responsibly. Proper storage and handling are essential.
While ammo can be a valuable trade good, it’s also wise to have enough for your needs before considering it for swap.
4. Alcohol
Spirits have long been a staple in barter economies, and for good reason. Alcohol serves multiple purposes beyond mere consumption. In some cases, it can be used as a disinfectant, a pain reliever, and a fuel source.
Small bottles of hard liquor are particularly useful for trading. They’re portable, have a long shelf life, and offer a precise quantity for bartering.
However, remember that moderation is key in stockpiling and potential future use.
5. Medical Supplies
Basic medical supplies become invaluable in a world without easy access to healthcare. Bandages, antiseptics, and over-the-counter medications could save lives.
Stockpiling these items prepares you for emergencies and provides highly tradeable goods. Consider including items like antibiotics, pain relievers, and first aid kits in your stockpile. Knowledge of basic medical care can further increase the value of these supplies.
Remember, in a barter economy, the ability to offer both goods and skills can significantly enhance your trading power.
6. Hygiene Products
When store shelves are empty, everyday hygiene items become luxury goods. Soap, toothpaste, and toilet paper are often overlooked in prepping plans, but their absence is keenly felt.
These items are consumable, ensuring ongoing demand in a barter economy. Don’t forget about feminine hygiene products – they’re essential yet often underestimated in preparedness plans.
Stockpiling various hygiene items can make you a valuable trading partner in a community struggling to maintain basic cleanliness and health.
7. Tools
In a world where you can’t simply buy a replacement, durable, quality tools become worth their weight in gold. Hand tools like hammers, saws, and screwdrivers are particularly valuable as they don’t require electricity. Their utility in rebuilding and repairing makes them essential barter items.
Consider including gardening tools in your stockpile as well. As more people turn to grow their food, these tools will be in high demand.
Remember, tools that can serve multiple purposes or are specialized for crucial tasks will be the most valuable in a barter economy.
8. Batteries
In a world with unreliable electricity, batteries become a critical resource. They power flashlights, radios, and other essential devices.
Stockpiling batteries in various sizes, particularly AA and AAA, ensures you have a valuable trade good that’s always in demand. Consider rechargeable batteries and solar chargers as well. These items offer long-term value in a world where disposable batteries might become scarce.
Providing power in a powerless world could make you an indispensable trading partner.
9. Water Purification Methods
Clean water is life, and the means to purify water becomes invaluable when safe drinking sources are scarce. Water filters, purification tablets, and even simple items like coffee filters can be crucial barter items. These items are lightweight, making them easy to store and transport.
Knowledge of water purification methods adds value to these items. Consider learning and stockpiling information on various purification techniques.
Combining essential goods and vital knowledge can significantly increase your trading power in a barter economy.
10. Fuel
Fuel is king in a world where transportation and power generation become challenging. Gasoline, propane, and even wood can be valuable barter items. However, storing fuel safely requires careful consideration and proper containers.
Consider diversifying your fuel stockpile. While gasoline might be useful for vehicles, propane can be used for cooking and heating. Wood, while bulky, doesn’t degrade and can be used for various purposes.
Remember, in a barter economy, versatility often equals value.
11. Fishing Gear
When grocery stores are no longer an option, procuring food becomes crucial. Fishing gear offers a renewable food source and thus becomes a valuable barter item. Hooks, lines, and basic lures are small, lightweight, and easy to store.
Knowledge of fishing techniques can enhance the value of this gear. Consider including information on local fish species and fishing methods in your preparedness plans.
Combining tools and skills often yields the highest returns in a barter economy.
12. Salt
Often overlooked in prepping plans, salt is a crucial commodity. It’s essential for preserving food, maintaining electrolyte balance, and even as a cleaning agent.
Its multiple uses make it a valuable barter item in a world where convenience foods are no longer available. Consider stockpiling both table salt and larger quantities of rock salt. While table salt is useful for everyday consumption, rock salt can be used to preserve large quantities of meat or fish.
In a barter economy, multiple-use items often hold the most value.
13. Candles & Lighting
When the power grid fails, alternative lighting sources become essential. Candles, oil lamps, and solar-powered lights can be valuable barter items. These items provide light and a sense of normalcy in challenging times.
Remember matches and lighters—they’re crucial for lighting these alternative sources. Consider stockpiling long-burning candles and lamp oil for extended use.
In a barter economy, items that provide comfort and necessities often command high value.
14. Coffee & Tea
Comfort items like coffee and tea can become valuable during stressful times. These items have long shelf lives and provide a sense of normalcy in chaotic times. Their caffeine content can also be useful for maintaining alertness in challenging situations.
Consider stockpiling instant and ground coffee, as well as a variety of teas. Don’t forget about filters and brewing methods—the ability to prepare these beverages adds to their value.
In a barter economy, items that boost morale can be just as important as practical necessities.
15. Knowledge & Skills
While not a physical item, knowledge and skills can be your most valuable assets in a barter economy.
Abilities like first aid, gardening, repair work, and food preservation become incredibly valuable when traditional systems break down. Unlike physical goods, skills can’t be stolen or used up.
Consider developing a diverse skill set and stockpiling books on various survival and practical topics. In a barter economy, the ability to offer services or teach valuable skills can often be more powerful than any physical good.
Remember, in a world turned upside down, knowledge truly is power.
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Davin is a jack-of-all-trades but has professional training and experience in various home and garden subjects. He leans on other experts when needed and edits and fact-checks all articles.