I don’t even think that cash is king. The huge budget deficits mean an increase in the money supply which will drive inflation. People will eventually go into stocks again (thinking to kept up with the inflation), but 0’s new, higher capital gains taxes will take their capital through taxing imaginary gains which are only the result of inflation. In this way capital, the engine of prosperity, with be dissipated and destroyed. That means that real economic growth will be crippled.
There is no escape when the whole system is crippled, or even collapses. I am preparing by diversifying into gold, and buying a few guns while it is still possible, just in case there is an attempt further to restrict ownership. However, no one survives a depression in the clear. Even essential occupations are hurt.
Although I am in NJ myself, I would recommend that families with children move to safer, lower crime areas off the coasts. Rural areas where you can grow a home garden may turn out to be very nice in the future.
My neighbor just bought 15 cases of canning jars and spent (he said) about $450.00 on pressure cookers and other assorted canning equipment. He is urging me to buy similar supplies before there are a 'stampede' and there is none left to buy.
I don't know.
We're already in a rural area and I have everything needed to grow my own food.