The North American Report: Shortage of Paper Money?
Hello Traders, Adventurers, Privateers, Mercenaries, and of course our Rogues...
I have read an observation by a financial observer named Jim Rickards. I greatly enjoy his articles and intend to read his newest book, "The Road to Ruin."
In the synopsis it mentions a shortage of paper money. That got me thinking.
If there is a shortage of paper money it would do to have some saved up for, as another interesting financial writer described it, "When the ATMs Go Dark."
I have this image of someone with a hundred dollar bill buying very hard to get and desperately needed supplies (once things go Middle Ages overnight) and then asking awkwardly, "can you break a hundred?"
He recommends saving paper money and having it at a safe location you can retrieve.
I say, have it in small bills: ones, fives, and tens... no bigger.
Just a thought.