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RE: Benefits of the Informal (cash-based) Economy to the State...

in LeoFinancelast month

Hoard your coins, the banksters buy them at face value from the mint, they are treasury money and will survive the frn's collapse.
Every dollar of coins in your jar is a dollar out of the pockets of the people that made things this way.
https://www.federalreserve.gov/faqs/currency_12771.htm

When the redshild bank goes down the money made of metal should survive the fiat paper collapse as constitutional, or sovereign(depending on which side of the pond you are on), money.
In the united snakes the treasury mints the coins and the federal reserve buys them at face value, ergo, metal money is treasury money.
If you hold cash anyway, I'd get it into metal.
You can always take the metal to the bank and get face value.

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Well I do like a bit of gold and silver for sure!