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To: dennisw

Cash at home, yes, but also PMs, food, ammo etc. There is no sure way the crash will manifest. Hedge in all directions. Have an escape plan.


9 posted on 12/15/2011 6:15:38 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Travis McGee

https://www.google.com/search?num=100&hl=en&client=firefox-a&hs=Oes&rls=org.mozilla%3Aen-US%3Aofficial&q=wiki+US+currency+wear++out+replaced&btnG=Search&oq=wiki+US+currency+wear++out+replaced&aq=f&aqi=&aql=&gs_sm=s&gs_upl=0l0l0l3046l0l0l0l0l0l0l0l0ll0l0

And what kind of cash at home? Coins plus the lower denominations of FRNs might go at a premium due to the need to make change. So that a one dollar bill may only be worth 3 quarters or 7 dimes. Or 50$ bills might be such a hassle to deal with that they really go for $43 worth of coins and lower denominations.

All the above would be in a deflationary collapse where peoples bank deposits go pooft and use of credit cards goes way down. So how do you conduct every day transactions? I have charged small $2 purchases to credit cards many times


11 posted on 12/15/2011 6:49:58 AM PST by dennisw (A nation of sheep breeds a government of Democrat wolves!)
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