“In a few years, the only money you will own will be money kept outside the Matrix. Plan ahead, because they won’t announce it ahead of time.”
Remember Argentina’s “bank holiday” a few years ago? People couldn’t access their money for days while the government adjusted it’s value. A few savvy people figured they could draw money from ATMs in neighboring Uruguay; the rest returned to devalued currency in their accounts. The value of cash itself is too easy for a government to manipulate; it is time we looked to Third World countries for the individuals’ “survival guide” to the “new normal”. In India when people are paid they purchase the necessities and buy gold with the remainder; it preserves their value against the decline of the rupee.
It makes me wonder if we will be able to drive to Canada or Mexico and withdraw money under the same circumstances. Might be time to open a bank account in Loonies or Pesos.