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Reply to "Will tariffs cause food shortages?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump officials seem to think so. They're stockpiling toilet paper, food and cash. https://www.rollingstone.com/politics/politics-features/trump-officials-hoarding-supplies-trade-war-tariffs-1235329235/[/quote] Why stockpile cash? That makes no sense to me unless they are expecting bank runs and banks to fail. Anyone know? [/quote] In times of uncertainty you don’t know what kinds of people will take advantage of distraction and weakness to disrupt things like electricity, payment systems, banks, etc. In the last few months and completed unrelated (I hope) to politics, we’ve had 3 different grocery stores near us have their systems go down and only be able to accept cash. DH comes from a country with instability and always has a stupid amount of cash at home and a decent amount on his person, and he and one other guy were the only ones getting through the checkouts with cash in a store of hundreds of customers. Similar thing happened to his colleagues in Madrid during the recent outage. Cash is an advantage in times of uncertainty. [/quote] Yes, and guess who wants to get rid of all cash in favor of digital payments only... because newer is always better. :roll: "The more the plans fail, the more the planners plan." - Ronald Reagan[/quote]
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