Money For the Rest of Us · Wednesday, September 9, 2026
As a hedge against potential system hacks, the host advises listeners to maintain 'pockets of independence' by holding physical cash, storing essentials like food, water, and fuel, and owning gold. He notes that cash is the only type of public money individuals can hold anonymously, backed by the government.
“Well, we keep what I call pockets of independence. Assets that are not connected to the financial system.”
“So we have a store of physical cash. Some on us, perhaps some under a, the proverbial mattress. But have, if you're in the US, $300, $400. Something that whatever could get you by for a few days or a week to buy food.”
“Another asset that we should hold as part of our pocket of independence is own some physical gold. Own some gold coins. Maybe gold bars.”