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@Richie re Shortage Of Actual Cash.

Posted by Mr.Copper @ 17:35 on December 15, 2019  

Re part: “idea to convert a huge chunk of your savings into actual cash and park it somewhere safe bcuz when the giant run starts- it will be too late.

Comment: My thoughts at first, the US Treasury can simply print hundreds of pallets of fresh new currency. But who would need it? Or want it? If the Treasury CAN’T physically print that much physical cash? Then the physical currency would have to gain value, everything getting cheaper, deflation, no?

I think a true “run on the banks” would be massive buying of physical gold, like what happened thru the 1970s with mostly Silver.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.