The North American Report: Shortage of Paper Money?

by Jim
(USA)

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.

Cheers,
Jim

Comments for The North American Report: Shortage of Paper Money?

Click here to add your own comments

Jul 14, 2017
Placer
by: Jim

Yes, placer is great but... making payment and trading could be more of a problem if they do not have enough of what you want to buy (trade for).

Also, I should have said also start saving coins as they are nice fractions of a dollar.

Jul 14, 2017
SAVE SAVE SAVE SAVE
by: Anonymous

I say collect some placer gold instead !!!

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Questions, Answers and Brilliant Ideas Forum.

Join the  Club!

The Wealthy Adventurer's Club

It is FREE for now!

Membership Includes:

  • FREE Mini-Courses
  • Newsletter
  • Stan's Blog
  • Adventure Tools
  • Weekly Mag
  • Reading Room
  • Private Forum
  • Video Training


Make Friends, Learn to Find More Gold, Adventure Travel Tips, Start a Portable Business of Your Own, Become Free & Independent of "The System"

Have a Ton of Fun!