A lot of people don't have and won't build a personal emergency fund, so when events like pandemics, wars, natural disasters, etc, a lot of these people become vulnerable as they can't provide for themselves anymore.

Something Ray Dalio said in his recent book of the changing world order is that these critical times often lead to social unrest, which can in turn lead to violence, crime, and might even lead to civil wars. Human history is a never ending loop of similar set of events shaped by their time, the patterns are classic though.

How could a government avoid the side-effects of these events without debasing the currency? When they debase the currency (quantitative easing) in those initial moments when the new money is available things get better, and then after some time when supply and demand forces start to adjust given the scarcity of product or service then companies need to adjust prices hence creating inflation. Story of our lives, right?

Well, one could argue that handling inflation is better than killing each other, but we also know once a tool is available to people will use it, or better saying misuse it.

Can we have a safe space to discuss what the alternatives to debasing the currency in those situations are? Taking into account that some people they won't have the means to provide for themselves and their families.

I thought maybe we could have a fund that we continuously build and use when these events happen, the problem is just sizing the fund because the nature of these events is completely random so we wouldn't know how much money would be enough before even thinking how to fill it quick enough so we are not surprised by the tragic events. Maybe if we were raised in a society where we always build these funds then more people would have them and the combination of these funds could help us through the situation, but maybe that's just wishful thinking.

What do you think? Sorry for the long rant.