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How much cash should you have out of the bank if a crash happens? Preparing for Inflation, deflation

The Economic Ninja 248 views

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Cash? Whose got any cash after Biden's rip off tactics? I sure don't The govt will probably take everyone's cash and force crypto on them, which is the AC's form of forced allegiance to obey & follow him exclusively or DIE 🤔😳☹️
Comment from : @StuStevens-rn7rb

Imo its dumb to keep $ in your hs, or a bank I bank like jesse james did
Comment from : @frankfitz3421

I bought a home in a rural area and paid it in full I didn't want a mortgage at all Same with my vehicle I am sticking up on items that have a long shelf life and cash to be placed in a safe at home
Comment from : @aulebb1968

Large amounts of money @ hand / cash is not really needed, investments in different countries that increase in value and generate a income is the go to plus the ability to travel
Comment from : @DerekTomlinson-d3z

I buy materials with cash I dont want "an account" brThe guys at the store get really anxious when i come in and buy a roof Like theyre gunna get robbed because i pay cash They ask me, " why dont you get an account " " Because you wont give me an account Bite me
Comment from : @mikeries8549

When was the last bank crash?
Comment from : @mathew3267

This video was uploaded 3 years ago I don't see any crash so far I don't like people spreading the panic I keep my emergency money in online savings account At least it gives me 4 interest
Comment from : @vincentmaloney5835

I'm 68 and have a horrible memory Hiding it around the house it would have to be hidden in the same spot our I would never be able to find it myself
Comment from : @Thomas-yr9ln

After Hurricane Michael, in Panama City, FL, having cash meant being able to pay the contractors who descended upon us with bobcats and chainsaws Trees were down throughout the neighborhood and those with cash were able to get their yards and driveways cleared Lesson learned
Comment from : @bryancrow9489

I'm working towards one months income in cash, one year income in precious metals
Comment from : @robertbush8327

$500 and some crypto
Comment from : @jamesstpatrick8493

I believe investors should focus on actively investing their cash rather than leaving it idle in banks This quarter, we're likely to see increased market diversification I plan to invest around $350K of my savings in stocks over the next year, with the goal of achieving substantial returns and potentially growing my wealth by millions
Comment from : @HectorSnipes

Just askinghow are you qualified to answer this question? Are you a CPA or an accredited financial Manger? Thank you for the video
Comment from : @joemichaels4231

Anyone who doesn't keep their cash at home in fire proof box and well hidden doesn't have enough common sense to survive a crisis
Comment from : @1776Justice

I trust myself more than a bank I am my own damn bank🎉brBanks can go bankrupt and you can loose it all, dont get fool by the " i can never happen here" narrative
Comment from : @valeriebrousseau1053

yes, you need cash on hand
Comment from : @gwenbuchanan1

A couple of grand is wise…
Comment from : @despoticmusic

Get your money out of the banks! This is all going to come to a head long before the election because this system has to fall with "Biden" being the "fall guy" There is no way the US dollar will collapse with Trump back in office He will be the one who fixes it all So it has to happen first
Comment from : @jaycollins9244

Thanks
Comment from : @satchycollins3985

Withdrawing $$$ in 2024 is reminiscent of a prostate exam, just tell them you need it for cocaine and hookers, they won't be able to get you out of the bank fast enough!
Comment from : @HeyJoeGFY

Is a centrally controlled credit-based system, engineered to siphon all productivity gains, essentially a fictional monetary framework for the vast majority of participants?brbrHow does one calculate prices of things within that system?brbrIt’s called fiat currency Not cash Not money
Comment from : @Jackson-l3r

Re evaluate your hair style
Comment from : @zzzxxzzz3248

I have $20 in my wallet That is enough cash I can always write checks
Comment from : @todddunn945

I HAVE A LOT OF CASH BECAUSE THE BANKS CAN CRASH
Comment from : @alschumacher9463

Can yall start getting to the point on these videos
Comment from : @IntrovertRockstar

I heard there’s a law banks can hold your money for a time during bad financial situations, they do have to give it back but it doesn’t tell you how long
Comment from : @Mikey196601

Just recently sold my second home cashed my escrow check and withdrew all my money and stash it The hell with the feds!!
Comment from : @riddlegunnermanuel6503

All our cash goes to gas and food and rent, not much left after the build back better !
Comment from : @frankm2145

If it gets any worse, iam taking my $30000 out !
Comment from : @frankm2145

I keep about $ 500 & it gets used at farmers' markets and one Mexican food place I replenish it when it gets low The sign at the entrance of my hood keeps the peace 'Warning, Trespators may get Violated' No one has dared to take it down
Comment from : @H2R5GSXR

I went to the gas station today and the door said cash only, systems down No problem for me Later I went to the vending machine at work and the systems were down Used cash
Comment from : @mysterybuyer3738

index funds for the bulk, and keep some cash, and gold at home
Comment from : @Sam-fp8zm

You're talking about normalcy bias: "since the crash didn't happen yesterday, or today, it won't happen tomorrow" Someday they will be wrong
Comment from : @jeffcauhape6880

I don't have much money BUT since they want us to go cashless i withdraw all my money and do so every month i only keep enough to pay my rent, electric etc I currently have around £ 6k in cash
Comment from : @frankw9836

I always use cash
Comment from : @grahammidwinter9895

Well, i like toilet paper and Kleenex lol
Comment from : @smartsurvival2605

At least a few grand in different locations on my home
Comment from : @hermesotaku201

SPEND ALL YOUR CASH ON SURVIVAL FOOD AND AMMO, WHILE YOU CAN STILL GET SOME!!!!
Comment from : @richarddavenport31

Great Video
Comment from : @ronaldcorley8508

I do not want to bust into my piggy bank😪
Comment from : @boster8368

I hate credit cards,brI use cash
Comment from : @paultaylor8396

Keep up the great work!! I've been warning about bail-ins for years now I've been dribble money out of the bank Saving in a bank doesn't seem like a good idea anymore I remember when interest on your money in a bank wasn't taxed!
Comment from : @Tengobaila3

Love the solid balanced approach you got mah d00d <:3
Comment from : @midnightsocean2689

You need to use common sense
Comment from : @adamchavez999

I keep 6 months of rent and utilities and a little extra just in case of another covid outbreak
Comment from : @augastinepotz-ic2ch

This statement is nothing But total Control of you’re Banking Commies
Comment from : @janetdavis4724

Can we use cash if the government digitizes everything? Great video!
Comment from : @CatsAreNiceMeow

I keep $2,000 cash in my gun safe alongside about the same $ amount of silver
Comment from : @carolinacoins

I agree let’s not make a full run on our banks and panic But are you suggesting we leave all our money in the bank and just keep $400 at home? 🤔
Comment from : @Srhodes0519

Get a bidet sprayer, nix the TP, and eat all the burritos you want😀
Comment from : @gentleman113Tulsa

weekend buys are the only good reasoni went to an auction once and it was afternoon saturday,a A seller wanted 1500 for a mower but it i only brought 1000 bux so he "no saled" iti went over and offered 1250 for it,deliveredhe said yes,,but YOU GOT CASH?i didBANKS WERE ALL CLOSED
Comment from : @metalrooves3651

Don't know how to launder it, so I keep $25K Rental income
Comment from : @JRustyB

wrong
Comment from : @jayblair4344

Several times this year the internet connection(?) went down at my food store or Dunkin Donuts and they wouldn't take cash! At DD I had the exact amount but couldn't make a purchase The Government must be tightening its controls
Comment from : @X00000370

9 months to go before the deals start comin'
Comment from : @CrummyVCR

Cache your money in PVC Piping (plenty of How to videos on YouTube) Bury the Tubes in well hidden places underground They won't burn up in a house fire and very unlikely to be stolen in a house robbery The cash will be in a watertight container that is good for 50 years or more You can thank me later
Comment from : @Archangel0804

How about property taxes, if things go down I'm sure they'll be happy you can't pay them & will take over your house & make you a renter, doubt they'll accept your bank shares as payment, especially if you have ridiculous assessments like California, Illinois & others
Comment from : @fltc80

Ah, I see your new order of cardboard note holders behind you
Comment from : @brianq-peep9816

This commenting section is gold, I would have them for neighbors and friends
Comment from : @flukedogwalker3016

never put cash in a bank most homes have like 5 to 20 ac of land and a lot of out building so much spots to put it allway keep it at home never put your money in a bank EVER PUT MONEY IN A BANK!!!!!!!@!!!!!!!!!!
Comment from : @mikegoettina

Only had money stolen out of my wallet one time in my 43 years in this world I knew who did it too You know how many times money has been stolen out of my bank account? A lot!
Comment from : @TadYoelLeBlanc

Hey Ninja, I thought it was good to keep about two months cash for living expenses on hand ? Would you say that would be OK or excessive?
Comment from : @sooperdweeb1753

I think folks should have enough cash to be able to pay bills for at least one month, two if possible Keep cash is fireproof envelopes inside a small fireproof box
Comment from : @timothymessersmith1328

My house just burnt down two weeks ago Lost everything Only hadd $700 in cash at home So not to bad
Comment from : @michaelcebula1975

Lost my helicopter job and short sale my house 2010I remember! Now everything is paid off
Comment from : @mdpilot3772

Retired, monthly fixed income which is twice my monthly Nut Pulled all extra cash out of banks & usually $2k - $3k in the bank Once it tops out at $3k I pull it out & buy $500 in Silver & Stash $500
Comment from : @curtjackson5052

One paycheck in cash is enough to have on hand If the banks stop working for more than 14 days you have bigger problems than losing all your money
Comment from : @humbleeagle1736

Dont trust banks
Comment from : @mikalsweeny3143

I have a phased financial backup plan (1) well stocked pantry/food storage/medical/pew-pew, (2) checking account with sufficient for all (planned) expenses for a few months, (3) saving/money market with sufficient for 1 year of all planned expenses (minus grocery - that's in the pantry) this is also my I have cash to throw at a largish opportunity, (4) cash on hand (amount has varied usually around 5-10K this is for the quick turn deals (5) other investments that are less liquid (Crypto, Metals, Investment Accounts), (6) Credit Cards with no balance and low rates (often 0) equal in credit lines to our household income - these are less for use and more for credit rating purposes but they have been used on occasions when "other peoples money" was the best approach to a particular opportunity (this is NOT a strategy I recommend for most people, but it works for us - never carry balances is our standard default) It took years to get in place and each was done through stretch goals in each area Are we perfectly secure - no, but we can weather a lot of storms and take advantage of an opportunity that presents itself
Comment from : @rode792

During a bank holiday how will you pay your property taxes? During the depression people couldn’t get their hands on their cash to pay taxes and lost their property because they had no cash
Comment from : @paulschwab8094

I believe that the bail in money is the amount that you have in the bank in excess of FDIC insurance amounts That being said the FDIC doesn't have enough money on hand to insure all deposits in case of a major collapse
Comment from : @dodgerblue7381

low volume
Comment from : @jasminerogers9971

Take as much cash as you think you would need if the power goes off in your city How long before it comes back on?
Comment from : @donniemoder1466

Algorithm bump!
Comment from : @ConnorBrown-ek4wp

You are absolutely brilliant at what you do and I just wanted to say thank you! I have been in these circles for a few years now but only came across your videos a few weeks ago but have listened to literally every video since and will most certainly continue to do sobrbrAgain, thank you for all you are doing for those with the instincts attuned enough to know that you are absolutely correct and to be grateful for your work instead of mocking itbrbrMy husband and I have also been trying to warn family and friends about all kinds of related things for years but 95 if it has fallen on deaf ears Kudo’s to the 5 and to everyone creating and supporting channels like thesebrbrThank you Ninja 🙏🏻❤️
Comment from : @melbournelatindance5474