People should hold some physical cash despite its devaluation because of 'grid down moments' when ATMs go dark and electronic payment systems stop functioning, making cash the fallback for basic transactions.
normativepending
Speaker
Francis HuntEvidence Quote
“I'm also a fan of holding cash even though it devalues just for the the grid down moments when that ATMs go dark when a lot of things stop working [27:13]”
Source
Excessive Global Debt is a Ticking Time Bomb, 'Hold On To Your Gold': Francis Hunt— Commodity CultureCreated: 8/12/2026, 6:44:11 PM
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