I'll take my chances with 30.06 hardball.
What’s your 20?
“Recommend your stash be in $20s, $10s, $5s and $1s. Keep it safe.”
You are 100% correct. Hand me your stash and I’ll keep it safe.
except the usually when TSHTF like it has before, it took a wheelbarrow full of cash to buy anything
the government will keep the printing presses running overtime
cash will be nothing more than paper to light a fire. gasoline will be non existant and if you had it, it and you car would be quickly stolen if caught driving down the road.
food, ammo, guns, clothes, firewood, vitamins, medicine, fresh water will be the ONLY currency.
When it does hit the fan, cash will be nothing but kindling and toilet paper.
I think you’ll be right on for....about two weeks. A month, tops.
Old cash is good for toilet paper, but you have to sterilize it first. New cash is great for patching holes in you shoes. You know it is made from cotton?
But seriously, gold and silver coin.
Coins will be more valuable
Coins will be more valuable
I'll take my chances with 30.06 hardball.
Taking large sums of cash out will trigger IRS attention, likewise, so will depositing large sums of cash into the bank. You still do need some cash in the event of an emergency now because it is still the most acceptable medium of exchange. Of course, if you run a business, you must maintain a bank account, but with the election looming, it might be safe not to keep too much money in your checking or savings in the event that Hussein wins and the bank runs ensue.
“Gold hoarders will not know what to do”
Sure. Trade it for cash.
There are those that would say you can’t eat cash and you can’t shoot it from a gun so why bother with it.
BTW, I don’t think you understand what a Money Market is if you think it is related to printed currency.
Why would electronic cash stop? The Fed just writes another billion in their ledger, buy Treasury bonds, and the virtual currency keeps flowing. Existing cash devalues, of course, but so long as money is injected into the system the cards keep swiping.
If SHTF, you will receive a chip in your hand or forehead that will grant you access to food and supplies. When you get rounded up or placed into govt safety facilities.
Is that Canadian or Mexican cash?
had me going there until he said gold wouldn’t work. Every last respectable store will have a gold exchange counter when tshtf. Every one will accept GAE’s without question.
Sorry, mine is in 100s, 50s, 20s...and silver dollars dimes and quarters...and 9mmLuger, 22rimfire, and 223Remington...and rice, dry beans, pasta, and can goods. I’m expecting a silver dime to be worth the equivalent of at least 5 bucks when it happens, and possibly as much as 20 bucks. I have no idea what the food and ammo might end up being worth.
I never thought I'd say this, because I recall when 70 cents of ours would buy one of their dollars, but the Canadians haven't been keeping their presses going in overdrive. Their ccurrency is resource backed and they'll be selling their stuff to the Pacific Rim and India before it's over.
The US currency (well, Federal Reserve Note) won't likely be worth much. Silver coins, copper coins, Canadian cash, gold coin for large amounts, and items of barter will likely be the new currency, with large transactions in bullion which will have value anywhere in the world.
PLEASE....people.
The OP is talking about a certain level of meltdown, not total anarchy.
Your overall strategy should include allowances for several levels of societal/fiscal break down.
I like to conceive of this in terms of the DefCon stratification used by the Defense Department in the case of nuclear war.
Personally with the destruction already wrought by the RaceMarxist and an overall incompetent, collectivist Washington DC, I believe we are already at DefCon 4.