…on hand. Maybe you’re not ready to unbank – I certainly am not. As Cyprus shows, however, we live in a world where the government can put your funds in lockdown, indefinitely, with no notice. Think you’ll just get by with your credit card? Nope. As the New York Times notes: “It’s been cash-only here for three days,” said Ali Wissom, the manager at Il Forno di Jenny’s restaurant off Cyprus’s main square in Nicosia. “The banks have closed, we don’t really know if they will reopen, and all of our suppliers are demanding cash — even the beer company.” … Continue reading You’re Crazy Not to Have Some Cash