Why withdraw cash?

Question

Analytics

I read an article on Habré " Russia 2022: how not to lose everything (or at least priests ... ". From the author's advice I saw:
"Keep in the cache funds that are enough for 3 months."

Explain how this protects money? I don’t understand If there is a devaluation or re-issuance of the currency, the funds will burn out in any case.

Answer 1

The cache serves to quickly resolve issues, as well as digital hygiene. In some cases, you can enter into a criminal conspiracy and get the service cheaper by the amount of the tax (payment past the cash desk). Again, if hyperinflation begins, as was already the case in our country in the period 1991-1994, the funds in the account can be frozen (by the way, ask your parents / relatives about whether they received compensation for the frozen Soviet deposits in Sberbank by the government of E.T. Gaidar and A .Chubais. You will learn a lot of new things)
Illustration. In construction until 2001, the 1984 estimate base of ENiRs and EPERs was used to estimate the cost of work. Formally, when recalculating prices, from 1984 to the cost of 2001 (when new collections of FER / FER appeared) to which other increasing indices of estimated prices are already applied to determine the cost at the current moment, 1984 is equated to 1991 (although this is not entirely correct, although formal inflation was small; the real economy was flying into hell, exacerbated by the bureaucracy apparatus). These indexes are released quarterly. Those interested can read the latest Letter
www.consultant.ru/document/cons_doc_LAW_408672
Returning to our sheep:
https://cmet4uk.ru/forum/41-14757-1

FEDERAL AGENCY FOR CONSTRUCTION
AND HOUSING AND UTILITIES
LETTER dated October 15, 2004 N BA -
5079/06
.....
base of 2001, using the following indices:
9.73 - to the wages of assembly workers and machine operators;
22.56 - to the costs of operating machines and mechanisms;
17.96 - to material resources.

Those. formally, we have a spread in cost items from 9.73 times for RFP to 22.56 times for machines and mechanisms, i.e. technique. However, in the interval from 1991 to 2001, one event occurred in 1998 - the denomination, when 1000 rubles. the old sample was equated to 1 ruble of the new sample. Thus, these figures must be multiplied by a thousand in order to understand the scale of inflation in the 90s. Those.
9.73 x 1000 \u003d 9730 times - to the wages of assembly workers and machine operators in relation to 1991;
22.56 x 1000 \u003d 22560 times - to the costs of operating machines and mechanisms in relation to 1991;
17.96 x 1000 = 17960 times - to material resources in relation to 1991.
This is an estimate. Thus, keeping money in cash in troubled times, it is possible to react faster in order to attach them somewhere. Even if they depreciate quickly, you gain time that you lose in line at the ATM. Sometimes this is enough to make an important decision.
According to Soviet laws, it was forbidden to own more than one dwelling, so as not to rent it out and profit in this way. My grandfather sold his father's house when he died, and put the money in a savings book in 1988 in the amount of 10,000 Soviet rubles. After the collapse of the USSR, such accounts were frozen and compensation, although carried out later, at zero, did not reflect their value, i.e. as of 2001, it should have been something on the order of 10,000 x 17.96 (material - house) = 179,600 rubles. In 2001, a minibus fare cost a ruble, a loaf and a ruble and a half.
According to https://www.gks.ru/free_doc/new_site/prices/housin...
179 600 / 9122 ~ 19m2 in a new building. Room.

Answer 2

You apparently do not know the past of the country. When people have money in their account, but the bank does not give it back))
As it was in 2014, for example.
It won’t save you from devaluation, but it’s completely from “non-issuance by the bank”

Answer 3

Then, that they are cash in your hands, and not somewhere in the bank. Who may not give up. Temporarily. Or maybe not temporarily.