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Cash Only in Cyprus
Ferfal Blogspot ^ | 3/23/13 | Ferfal

Posted on 03/25/2013 3:55:24 PM PDT by Kartographer

It was very much unavoidable. As of right now, people in Cyprus are hungry for hard cash. For paying in gas stations, even groceries, suppliers want cash. Milk and medicine for your child? Cash only.

(Excerpt) Read more at ferfal.blogspot.com ...


TOPICS: Business/Economy; Government
KEYWORDS: cash; cyprus; cypruscashonly; cypruscrisis; europeanunion; germany; greece; israel; russia; turkey; unitedkingdom
Same story repeated often enough for the first few days of shtf cash is KING!
1 posted on 03/25/2013 3:55:24 PM PDT by Kartographer
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To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Preppers’ PING!!


2 posted on 03/25/2013 3:56:05 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer

And every branch of our gov’t and most big corporations are pushing for a cashless society here.

I don’t think so.


3 posted on 03/25/2013 3:57:13 PM PDT by maine yankee (I got my Governor at 'Marden's')
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To: Kartographer
Same story repeated often enough for the first few days of shtf cash is KING!

That's assuming, to be sure, cash still has value. What if it suddenly doesn't?

4 posted on 03/25/2013 4:10:55 PM PDT by Standing Wolf
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To: Standing Wolf

Haven’t see that. Even in Bosnian Selco tells that cash was good at first, later only barter work and gold pretty much got you killed.


5 posted on 03/25/2013 4:15:28 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer; blam; The Duke; ChocChipCookie; Marcella; JRandomFreeper; Bride Of Old Sarge; ...

Good ping, Kart.

I have to confess I am rather dependent on the “please-machine-money” card for almost everything. It’s a tough convenience habit to break.


6 posted on 03/25/2013 4:15:57 PM PDT by Old Sarge (We are officially over the precipice, we just havent struck the ground yet...)
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To: Kartographer
Cash is King!

Make sure the cash you keep on hand isn't just large bills...

Set your self up like you're going to have a yard sale. Lots of twenties, fives, ones, and rolls of change.

Hundred dollar bills are great, but in a situation like the one many of us see, it's better to haggle for a price and be able to pay out on the spot without expecting them to have exact change!

Get Ready folks!

7 posted on 03/25/2013 4:48:22 PM PDT by JDoutrider
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To: JDoutrider

Yeah you need the change because if the power is out as well you will have to figure out the change or give them the exact amount.


8 posted on 03/25/2013 5:01:46 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer
One of the few people I have met with first hand experience of such a situation told me that liquor and cigarettes beat gold any day. Needless to say you have to be able to secure your inventory, being the wholesale supplier and having your customers help with security was one technique.

Put more bluntly, having some of the rougher locals working for you can enhance one's security.

9 posted on 03/25/2013 5:09:28 PM PDT by freeandfreezing
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To: freeandfreezing
One of the few people I have met with first hand experience of such a situation told me that liquor and cigarettes beat gold any day.

I concur... been adding a jug every time I visit the Military commissaries, though I don't touch the stuff. Been doing that for a few years, could stock a big bar, or throw one helluva party with it all!

As far as tobacco as a trade item, we started stashing a few cans of "Top", "Bugle" and a few other brands before the big price jump. It too may prove to be a wise investment when the SHTF. Many smokers would kill to get a smoke when nothing is available... We be ready for that as well... LOL!

10 posted on 03/25/2013 5:34:57 PM PDT by JDoutrider
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To: Kartographer
Possibly OT, but I had a chance to visit Georgia (the Caucasus one) several years ago. Converted our benniebux to the local currency and went out to see the sights.

There were little kiosks selling cigarettes, 1 liter bottles of beer, gum and the like every 50 feet, it seemed.

Bought a bottle and a pack of smokes that cost, say, 13 lari. Gave the girl a 20 lari bill and she gave me a pained expression that I knew meant "I don't have change". Winked at her and left. We won't have that luxury when it goes belly up here.

Bottom line, the OP is right. Keep plenty of small bills and change around if you can. Showing $100's may get you killed when the SHTF.

11 posted on 03/25/2013 6:13:16 PM PDT by SnuffaBolshevik (In a tornado, even turkeys can fly.)
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To: freeandfreezing; Kartographer
One of the few people I have met with first hand experience of such a situation told me that liquor and cigarettes beat gold any day.

Gold: It Does A Body Good.

Gold: It's What's For Dinner...

Gold Bullion Does Not A Soup Make.

12 posted on 03/25/2013 6:25:30 PM PDT by Old Sarge (We are officially over the precipice, we just havent struck the ground yet...)
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To: JDoutrider
As far as tobacco as a trade item, we started stashing a few cans of "Top", "Bugle" and a few other brands before the big price jump. It too may prove to be a wise investment when the SHTF. Many smokers would kill to get a smoke when nothing is available... We be ready for that as well...

Wow, it's like you read my mind. Also cigarette papers and a roller.

13 posted on 03/25/2013 6:26:59 PM PDT by Old Sarge (We are officially over the precipice, we just havent struck the ground yet...)
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To: Old Sarge; JDoutrider

Bugle comes with papers place. I put the pouches in canning jars and vacuum pack it.


14 posted on 03/25/2013 6:34:33 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer

Make sure you have both menthol and regular tobacco put back.


15 posted on 03/25/2013 6:42:01 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Kartographer; Bride Of Old Sarge

We need a vacuum thingie...


16 posted on 03/25/2013 6:50:16 PM PDT by Old Sarge (We are officially over the precipice, we just havent struck the ground yet...)
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To: Kartographer

Thanks for posting. BE PREPARED.


17 posted on 03/25/2013 6:53:05 PM PDT by PGalt
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To: Kartographer
Top tobacky also comes with the rolling papers. As far as canning the products, both Top and Bugler comes in the large 6 ounce cans vacuumed packed. We just leave them unopened. When the time comes to parcel it out, that little trick you do is good advice to keep it fresh.

I can't believe how expensive (even in a commissary) that stuff has become. Back in '08 when we heard the taxes were going up 3 hundred per cent, I bought out 2 commissaries! Cost over one large, but, I knew it was going to go out of sight. Have procured some pipe tobacco and chew since then... It won't go to waste, I can assure you!

18 posted on 03/25/2013 7:32:42 PM PDT by JDoutrider
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To: Kartographer

Cash would be necessary after an EMP (Electro Magnetic Pulse) event.


19 posted on 03/25/2013 7:37:15 PM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: LZ_Bayonet

Seems cash is good while things are plentiful. Once most goods start running short your money becomes no good.


20 posted on 03/25/2013 7:39:41 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Standing Wolf

Gold is investment. Silver is money. It’s all whatever you can get (barter) beyond there.


21 posted on 03/25/2013 8:05:52 PM PDT by glock rocks (No, the game never ends, when your whole world depends, on the turn of a friendy card.)
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To: Kartographer
Agree. Cash would probably only be good in the areas where POS terminals had some capability, assuming the EMP did not wipe out major systems in the entire country. Things would probably go to barter and theft very quickly.

But some cash on hand IMMEDIATELY after the event (most people will likely have no means of knowing what shut everything down) might assist in survival. All the non-cash systems will be gone for a long, long time. Very scary stuff. In 100 years we've gone from a society and infrastructure where EMP would have almost no effect to a situation where we would be devastated by such an event. Most electrical power would probably be gone for a decade. Maybe cash or a newly issued script would come back into use by the survivors at some point to replace the "new gold", i.e. .22 LR.

22 posted on 03/25/2013 8:29:58 PM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: Kartographer
When the SHTF my action plan is to go buy as much canned food and bulk grains as I can get in my car (assuming it still runs) and pay for it by credit card or bank check if the merchant still accepts them, and then pay in cash until my stash runs out, and then use junk silver until that is gone, and then start swapping for stuff I need with stuff that will shortly be worthless (flat panel TVs etc) and then it won’t make any difference. The people who don’t have canned food and bulk grains will trade anything you need for whatever you have left of the original purchase. P.S. be sure to first hide your gun and ammunition from the gun control crazies because you are going to need them eventually.
23 posted on 03/25/2013 9:05:41 PM PDT by immadashell
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To: Kartographer

I always have ones, quarters, and nickles in the house. That’s so I have a way to pay for things if a hurricane takes out power for a time. I added more some time ago in case TSHF but kept the same denominations.


24 posted on 03/25/2013 10:16:07 PM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: Marcella

Those nickles are worth more than a nickel. Avoid spending them-eventually they’ll provide a nice return on investment.


25 posted on 03/26/2013 5:33:59 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: greeneyes

I’m aware the nickel is worth more than a nickel. That is one more bargaining item when buying. “Give me a lesser price and I’ll add a nickel.”


26 posted on 03/26/2013 7:54:53 AM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: maine yankee
And every branch of our gov’t and most big corporations are pushing for a cashless society here.

I'd guess that the vast majority of American wallets don't contain more than $20 in cash.

27 posted on 03/26/2013 10:11:01 AM PDT by bgill
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To: Old Sarge
I have to confess I am rather dependent on the “please-machine-money” card for almost everything. It’s a tough convenience habit to break.

I have several thousands in twenties squirreled away in various locations, just in case. But I don't touch it and forget it's there, until needed. Yes, PMMs (cute!) are convenient.
28 posted on 03/26/2013 10:45:31 AM PDT by yorkiemom
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