TRJohns
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“Practical Question: If one is stock piling, will one be sorry later when prices go down? Should one simply save cash? ”
I’ll throw out an answer for you, BOTH, as in some of both at least until you have 30, 60, or 90 days of essentials saved up. After 90 days I would continue to build my stock of emergency supplies, inching toward that Morman idea of a one-year supply, but I would mainly be going for cash. If you are worried about your cash getting burned up in a fire, think about getting some $1 coins if you have the space to store them, after all no one seems to want to use those coins in circulation.
TRH
“He said some $2 trillion of corporate cash is on the sidelines in the US, $700bn in the UK, and another $2 trillion in the rest of the world. “There is an investors strike. This is a problem of demand in our economies, they are comatose,” he said. [..]”
While that quote and its numbers may be correct, the interpretation of the data is off. You see, those trillions in cash are not retained earnings, the cash is in fact borrowed money, aka more debt. You can read a good analysis of this at https://globaleconomicanalysis.blogspot.com/2014/01/liquidity-insurance.html
I want you guys and gal to know that I do love The Automatic Earth!
TRJ
