Is Cash Trash?

The Fed believes being predictable is more important than being reactive.

I know a guy who for 20 years stashed cash in a safe in his basement.

A family friend, he made it a point at social gatherings to let everyone know how smart he was and how there was *no risk*.

One year, a pipe bursts and his basement is completely flooded.

The stacks of cash were *completely ruined* -no bank would take his money.

Water damaged US Currency

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