RE: My question: “Exactly how much ready cash do you suggest we safely stash, anyway? Inquiring minds need to know.........”
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...and your response: “Of course it depends on the amount of cash a person has available to him or her and on their needs. I would recommend enough to cover expenses for one or two months at least. Prudent business owners need enough to cover expenses and salaries for a similar time frame.
These precautions will help if a run on the banks actually occurs by lowering the panic.”
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I was thinking I needed to stash enough cash for one or two YEARS, not months — seriously! But if a couple of months would be enough, well, that’s good to know. Thanks.
If I had your money, I'd be stacking gold and silver bars in my private vault!
Since I don't, we could both be lying of course, I do the best I can as in weeks or months.
If the banks are closed longer than a month, access to cash isn't going to be as much of a problem as access to food and a secure location.
In my mind, preparing for the worst is actually the lowest cost alternative and covers all the bases. To prepare for the worst, get what you need to live hidden for the next 1 to 3 years.
Modern versions of the basic essentials of what native Americans equiped themselves with should get you by. Survive the die-off (worst-case) and you can use hundred dollar bills to wipe your butt with when there are no leaves available...
:-)