{"id":78393,"date":"2024-09-28T15:25:32","date_gmt":"2024-09-28T21:25:32","guid":{"rendered":"https:\/\/thetacticalhermit.com\/?p=78393"},"modified":"2024-09-28T15:25:32","modified_gmt":"2024-09-28T21:25:32","slug":"hurricane-helene-and-the-value-of-cash","status":"publish","type":"post","link":"https:\/\/thetacticalhermit.com\/index.php\/2024\/09\/28\/hurricane-helene-and-the-value-of-cash\/","title":{"rendered":"Hurricane Helene And The Value of Cash"},"content":{"rendered":"<h1 role=\"heading\" aria-level=\"3\" data-ux=\"BlogMainHeading\" data-typography=\"HeadingGamma\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-78394 aligncenter\" src=\"https:\/\/thetacticalhermit.com\/wp-content\/uploads\/2024\/09\/money3.gif\" alt=\"\" width=\"400\" height=\"225\" \/><\/h1>\n<h1 class=\"x-el x-el-h3 c2-1 c2-2 c2-2c c2-2d c2-2l c2-1p c2-1n c2-1m c2-2m c2-3 c2-2n c2-2o c2-2p c2-2q c2-2r c2-2s c2-2t\" style=\"text-align: center;\" role=\"heading\" aria-level=\"3\" data-ux=\"BlogMainHeading\" data-typography=\"HeadingGamma\"><a href=\"https:\/\/paultmartin.com\/blog\/f\/hurricane-helene-and-the-value-of-cash\">Hurricane Helene And The Value of Cash<\/a><\/h1>\n<p>&nbsp;<\/p>\n<h2>The prepper conventional wisdom is that you should get out of cash and put your money in precious metals and crypto. \u00a0Let&#8217;s talk about why that&#8217;s not the best strategy.<\/h2>\n<h2>We&#8217;re getting a lesson this weekend in the aftermath of Hurricane Helene. \u00a0<a class=\"x-el x-el-a c2-29 c2-2a c2-4x c2-2c c2-2d c2-4y c2-j c2-4z c2-3 c2-2g c2-2h c2-2i c2-2j\" href=\"https:\/\/x.com\/severeforecast\/status\/1839867749826195847?s=12\" target=\"\" rel=\"noopener\">One Twitter user<\/a>\u00a0summed up the situation south of Asheville, NC last night like this:<\/h2>\n<h2><em class=\"x-el x-el-span c2-29 c2-2a c2-3 c2-4t c2-2k c2-2h c2-4u c2-4v\">&#8220;The few places open tonight in the communities south of Asheville near Brevard NC are keeping the community moving forward tonight. However long lines at the couple of gas stations (cash only) and a number of people clumped on hills for weak cell service. Grocery stores are closed. The Waffle House and McDonald\u2019s around Brevard are open. Might take quite a while for this area to get back to normal.&#8221;<\/em><\/h2>\n<h2>Note that part about &#8220;cash only.&#8221; \u00a0When grids are impacted, it doesn&#8217;t mean they call come back online simultaneously. \u00a0Just because your gas station and local Waffle House can provide goods and services doesn&#8217;t mean they can take your American Express.<\/h2>\n<h2>This idea that our currency may one day become worthless and thus should not be part of your preparedness plans isn&#8217;t supported by history. \u00a0Invariably, one of you will email me to say &#8220;yeah, but, Weimar Republic and Venezuela and &lt;whatever you&#8217;ve read online&gt; proves that cash is useless in a monetary crisis.&#8221;<\/h2>\n<h2>No, it doesn&#8217;t. \u00a0The preparedness community needs to do a better job of understanding the role of cash in a crisis.<\/h2>\n<h2><a href=\"https:\/\/paultmartin.com\/blog\/f\/hurricane-helene-and-the-value-of-cash\">RTWT<\/a><\/h2>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-75253 aligncenter\" src=\"https:\/\/thetacticalhermit.com\/wp-content\/uploads\/2024\/06\/Cash.jpg\" alt=\"\" width=\"521\" height=\"422\" srcset=\"https:\/\/thetacticalhermit.com\/wp-content\/uploads\/2024\/06\/Cash.jpg 521w, https:\/\/thetacticalhermit.com\/wp-content\/uploads\/2024\/06\/Cash-300x243.jpg 300w\" sizes=\"(max-width: 521px) 100vw, 521px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hurricane Helene And The Value of Cash &nbsp; The prepper conventional wisdom is that you should get out of cash and put your money in precious metals and crypto. \u00a0Let&#8217;s talk about why that&#8217;s not the best strategy. We&#8217;re getting a lesson this weekend in the aftermath of Hurricane Helene. \u00a0One Twitter user\u00a0summed up the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[74,84,3929,14424,2161,496],"tags":[18013,419,18012,5823],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/posts\/78393"}],"collection":[{"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/comments?post=78393"}],"version-history":[{"count":1,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/posts\/78393\/revisions"}],"predecessor-version":[{"id":78395,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/posts\/78393\/revisions\/78395"}],"wp:attachment":[{"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/media?parent=78393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/categories?post=78393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetacticalhermit.com\/index.php\/wp-json\/wp\/v2\/tags?post=78393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}