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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
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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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