PJ Media

“4) Keep some cash at home! … Obama and Bernanke are printing money hand over fist using inflation to destroy the value of your money. We can fight them back by taking some cash back out of circulation and not putting it in the banks.”

I agree with having some emergency cash at home. But it’s no hedge against inflation, because your hidden cash inflates right along with all the circulating cash. The value at which you put it back into the economy later will be the then-current value, not the value at which you took it out. If you want that kind of hedge, you need to buy and hold hard commodities.