I guess you could say we are “hoarding” cash, too. For the last several years we have made a habit to take everything smaller than a ten dollar bill out of our wallets. That goes into an envelope which we stash in our home safe.
When the envelope contains $100 we seal it up and start on the next one. You’d be surprised how much you can put away in just a few years.
It’s our SHTF cash stash.
With ones and fives, your going to have a lot of paper. Sooner or later, I think that the US will need a denomination greater than $100 in circulation. But I doubt it with the move towards all digital transactions. The Swiss have a Sw Franc 1000 note which is worth around $1100. The €500 is worth around $700.
You’re smart to save the smaller denomination bills.
I have a lot of $1’s and $5’s.
“It’s our SHTF cash stash.”
You are solid in a deflationary crash. As much as I despise the Federal Reserve your under the mattress cash stash will be fine. Those who put FR notes in banks will get screwed
In a hyper inflation your cash gets worthless quickly.