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There has been increasing talk about the need to build a parallel economy going around lately in the prepper community as a result of high inflation, the rising costs of living, and bank crashes, not to mention the introduction of central bank digital currencies (CBDCs), the cancellation of bank accounts belong to “undesirables,” and, not to mention, the looming threat of World War III.
While the circumstances are radically different, and it is doubtful whether the idea would or would not be allowed to catch on beyond a limited group of consumers and producers, there is historical precedence of communities actually cutting themselves loose to a certain extent from the banking system. (more…)
