I never said home equity. I'm talking retirement funds, 401(k), stocks, and bonds, for starters. All meant for my retirement, but all can be used in an emergency.
But what happens when the banks fail, you loose all your 401K, no one wants to buy your house, your boat, second car, your stocks and bonds become useless and no one is going to accept gold for a sandwich. ???
Trade goods that people will swap food for are, most important, Toilet Paper--
Feminine Hygiene products, soap of all kinds.
Cigarettes, booze.
One can keep their money under the mattrice but when the dollar is devalued to .10 cents ---money of any kind will be used for toilet paper and tampons.
There will be a run on the library's not for reading material but for paper to wipe a butt -----city sewers will not be able to handle all the paper and disease will spread like wild fire.
Things could reverse them selves when the Ammo drys up and the Irish start running guns to us.