Excerpt: "Sweden... has issued guidance... stockpile 'cash in small denominations' for emergencies... computer networks could be disrupted by terrorism or cyber-warfare..."
Gordon: Cash in a bank isn't money. At least, it's not your money. Perhaps you weren't aware that bank deposits are actually a loan to the bank? Recorded on their books as a liability? If I loan you money, whose money is it? It's yours now. Get the idea? Money in the bank is also an idea. An idea that you can't eat, wear, or live in (food?, clothing?, shelter?). No Internet? Sorry, no debit or credit card. No Paypal. No crypto either. You're back to the Dark Ages: 1992. Got cash?
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AuthorGordon Philips is a contrarian wealth coach, currency trader and lifetime student of hidden (i.e., actual) history who trusts politicians, academia and the financial media about as far as he can throw a sold gold brick. Archives
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