When the financial crisis strikes, is it better to keep the money in the bank or convert it into cas

Updated on Financial 2024-04-28
28 answers
  1. Anonymous users2024-02-08

    Whether it is an asset or a commodity, it is definitely better to keep money, and it is better to keep money if it rises. However, when the financial crisis came, money and things were not something you could keep. In the event of a vicious financial crisis, accompanied by a severe economic depression and hyperinflation, it may be useless for you to keep money and belongings, and the most important thing is to keep your job.

  2. Anonymous users2024-02-07

    Money will depreciate in times of financial crisis! Cash and deposits will become even less valuable! The house can be lived in but not eaten, and supplies will be the biggest need!

    You can refer to the current situation in Venezuela and Greece! There is no awareness of a rainy day, and when the impossible will become possible, you already know the end! Of course, it is better to exchange it for cash.

  3. Anonymous users2024-02-06

    Some people say that a financial crisis is as difficult to define as a beauty, but once it does, it is extremely easy to identify. The financial crisis is mainly manifested in the collapse of financial assets, financial institutions, and financial markets. Financial crises can also be accompanied by economic crises, with socio-economic recessions or even depressions.

    So when there was a financial crisis, it was safer to keep the money in the bank at that time.

  4. Anonymous users2024-02-05

    Of course, it is better to put money in the bank, because there is interest. If a country is in crisis to the point that the banks don't admit it, then cash is almost waste paper.

  5. Anonymous users2024-02-04

    When a large number of factories close, workers lose their jobs, and if they can't earn money, their consumption is low, and prices are inevitable. That is, money is worth more. There is no doubt that cash is king.

  6. Anonymous users2024-02-03

    When the financial crisis comes, is it better to keep money in hand or keep things? When a financial crisis occurs, financial assets will, and real estate may also. If the financial crisis is accompanied by an economic crisis, social production shrinks, commerce shrinks, imports and exports decline, and unemployment rises, which may cause a relative oversupply of some commodities.

    It is also possible that the supply of some commodities is relatively insufficient, **appear**.

  7. Anonymous users2024-02-02

    The maximum compensation for the bankruptcy of a state-owned bank is 500,000! At that time, the people will not be able to do it! It's almost the same for the gold standard! **All say that they are very good! The first line of the universe!

  8. Anonymous users2024-02-01

    When a financial crisis occurs, assets will shrink rapidly, especially speculative properties. At this time, you need to timely ** the speculative assets in your hands and return the cash as soon as possible. After the financial crisis, the first is to save the market, and the method of bailing out the market is to "scatter money" in the market, whether it is quantitative easing monetary policy or active fiscal policy.

    All of them are indicative of a depreciation of cash in the future. After the financial crisis, the **asset** has fallen sharply**, or even fell back to the value itself, at this time you can use the cash in hand to **some low-priced assets to fight inflation.

    Therefore, ordinary people can only resist the impact of the financial crisis by reversing the time difference.

  9. Anonymous users2024-01-31

    In a financial crisis caused by inflation, cash is the least valuable and real estate is more valuable. But please don't confuse the concept here, the reason why cash has no value is not the financial crisis, but inflation. The financial crisis caused by liquidity, this is very clear, the market is short of money, it will sell all kinds of assets to replenish funds, at this time cash is king, real estate is the least valuable.

    For example, bonds are listed and traded, and it is relatively easy to realize, and those who know 15 years also know how big the liquidity crisis is, and even because of panic selling, they continue to fall to the limit. The liquidity of real estate is even worse, if the funds are still not enough after the sale of liquid assets such as ** and bonds, and the real estate has to be sold, the decline of real estate is also afraid.

  10. Anonymous users2024-01-30

    When the financial crisis came, the most tragic was the bond market, the housing market, and the foreign exchange market, which sold assets in advance and had flexible choices with cash in hand. It is extremely important to reduce debt, sell real estate, and increase liquidity, and it is best to hold some currencies or valuable metals with strong value preservation function. Sell off excess assets, hold cash, you can ** assets at any time, or you can choose a relatively suitable investment channel and set sail when you are waiting to be revived.

  11. Anonymous users2024-01-29

    Oh, how can you have money, the mortgage is forty w, the monthly salary is three thousand, and you can pay it back slowly. . . Don't expect a bank to have a deposit...

  12. Anonymous users2024-01-28

    Cash equals waste paper, or real estate, *** hedging value.

  13. Anonymous users2024-01-27

    **!Long-term holding,Not affected.

  14. Anonymous users2024-01-26

    It is good to exchange it into the strongest national currency.

  15. Anonymous users2024-01-25

    Can digital currency be stored at home?

  16. Anonymous users2024-01-24

    Don't deposit it in the bank and put it at home, why is it that the bank now controls the cash and takes it home little by little.

  17. Anonymous users2024-01-23

    Cash is currently the best place to hold.

  18. Anonymous users2024-01-22

    If we talk about the financial crisis.

    In the future, it is better to exchange the money for cash. Because in times of financial crisis, a lot of people go to the bank to exchange cash. In this case, if the bank runs out of money, there is a risk that it will fail.

    So if you put your money in the bank, it's very dangerous. There is also the possibility of some depreciation of cash, so I think it is possible to exchange cash for **. Of course, the best thing is not to let the financial crisis come, but to prevent it.

    If there is a financial crisis, it is usually because the bank has lent a lot of money but cannot get it back. Then there will be a series of transmission events in society, causing people to want to go to the bank to withdraw their money, because they are afraid of the bank failing. If the bank fails, you won't be able to get out all the money you have in it.

    Therefore, in the event of a financial crisis, cash will certainly be much safer than being kept in a bank, but it is not necessarily possible to obtain it. <>

    If we have money, I think we can exchange it for **. Because if there is a financial crisis, then the country is likely to print a lot of money in order to save the financial crisis, which will lead to the depreciation of the currency. If the currency depreciates, whether you put it in the bank or hold it in your hand, it will depreciate.

    Therefore, if there is a financial crisis, the best way is to replace it with **, which will be more valuable. Because there are many people who buy it, the **cavity reform will also climb steadily. It can not only maintain value, but also produce an value-added effect.

    If the financial crisis has arrived, it is that there will be many series of disasters. Therefore, it is better to prevent a financial crisis, rather than thinking about what to do when a financial crisis comes. However, we personally can't control the prevention of financial crises, and we mainly rely on the state to carry out economic regulation and control.

    After reading it, remember to like + follow + collect air friends.

  19. Anonymous users2024-01-21

    I feel that it is better to have a bank, because there is too much cash and it is not safe, and the financial industry is depreciating as much as cash or bank deposits should be depreciated when the crisis comes, and it is not that it is only the money in the bank that will depreciate.

  20. Anonymous users2024-01-20

    It is better to keep money in the bank, it is very dangerous to exchange money for cash, especially if it can be stolen or robbed.

  21. Anonymous users2024-01-19

    When a financial crisis occurs, a large amount of paper money depreciates in value, and paper money should be stored in banks or used for other investments. The year will also depreciate in your own hands, and it will be even less valuable in the future.

  22. Anonymous users2024-01-18

    It's better to keep the bank in the bank, you will have a particularly good income, and you can also earn some interest.

  23. Anonymous users2024-01-17

    In the event of a financial crisis.

    Prove that the currency depreciates, a large amount of cash is no longer worth anything, some financial institutions will also fail, and the money deposited in the bank will wait for the bank to go bankrupt and liquidate.

    It can be brought up, but by that time the currency had depreciated a lot. When the financial crisis comes, the people's ability to resist is very fragile, if you have to save money and buy a house, it is better to have a lot of cash in hand, at least there is no problem with the immediate survival, and wait until the asset bubble is squeezed out. People with cash can buy a house at a low price, get land, and even copy the big bottom.

    By the time the financial crisis cycle has passed, you can maintain and increase the value of your assets during the boom.

    Extended Materials. 1. Financial crisis refers to financial assets.

    Financial institutions, financial markets.

    The crisis is often accompanied by a large number of business closures and unemployment.

    Increasing, the general economic depression of the society, sometimes even accompanied by social unrest or unrest at the political level of the country. Systemic financial crises are those that affect the entire financial system and even the entire economic system, such as the Great Depression in the West in 1930.

    Another example is the global economic crisis that erupted on September 15, 2008.

    of the financial crisis. A financial crisis is a crisis in the financial sector. Due to the very strong liquidity of financial assets, the international nature of finance is very strong. The trigger for a financial crisis can be financial products, markets, institutions, etc., in any country.

    2. The financial crisis is characterized by people's expectation that the future of the economy will be more pessimistic, the currency value of the entire region has depreciated significantly, the total economic volume and economic scale have shrunk significantly, and economic growth has been hit, which is often accompanied by a large number of business closures, the unemployment rate has increased, the general economic depression in the society, and sometimes even accompanied by social unrest or national political turmoil. The financial crisis is characterized by a relatively large depreciation of the currency value of the entire region, a relatively large reduction in the total economic volume and economic scale, and a blow to economic growth, often accompanied by a large number of business closures, an increase in unemployment, a general economic depression in society, and sometimes even social unrest or national political turmoil.

  24. Anonymous users2024-01-16

    Summary. Hello, I am glad to answer for you, the financial crisis to keep cash because: you can avoid the break of the cash chain, you can take advantage of the financial crisis**; Cash is more flexible than real estate, and it is also far more liquid than real estate.

    Hello, I'm glad to answer for you, the financial mock crisis to keep cash because: you can avoid the current gold chain breakage, you can take advantage of the financial crisis**; Cash is more flexible than real estate, and it is far more liquid than real estate.

    Expansion: The financial crisis is characterized by a relatively large depreciation of the currency value in the entire region, a relatively large reduction in the total economic volume and economic scale, and a blow to economic growth, which is often accompanied by a large number of business closures, an increase in unemployment, a general economic depression in the society, and sometimes even accompanied by social unrest or national political turmoil.

  25. Anonymous users2024-01-15

    If there is a financial crisis, the money stored in the bank will depreciate, or it is better to use it to buy **, there is room for appreciation.

  26. Anonymous users2024-01-14

    If there is a financial crisis, it is better to use the money to buy **, because ** will appreciate in the event of a financial crisis, while the bank will only depreciate.

  27. Anonymous users2024-01-13

    Of course, it will be more insured in the bank, because it will be safer in the bank, and you can get a certain amount of interest, and you will be very safe for yourself.

  28. Anonymous users2024-01-12

    Many people have a misunderstanding or one-sided understanding of the financial crisis, but in fact, the financial crisis is a whole process. In the early stage, it may face a decline in the unemployment rate and a decline in the level of consumption, including currency depreciation and the total assets of the society, including the depreciation of fixed assets that we have seen, and it will slowly rise back in the later stage, including the contradiction between exchange rates and the first step in high-quality assets. In this process, it is not just a matter of blindly depositing money in a bank or converting it into cash to be able to do it once and for all, and we need to change our judgment temporarily.

    And we have to recognize the fact that for the vast majority of ordinary people, when we are aware of the financial crisis, or when everyone around us is talking about the financial crisis, in fact, most of the financial crisis has passed. Whether you admit this or not, but this is the case, so when we ordinary people or the vast majority of ordinary people start to discuss the financial crisis, it already means that the financial crisis has begun to pass most of it, or it has entered the corresponding turning cycle.

    Just like the current Warren Buffett, he has converted most of his assets into cash, but when this news appeared, many people's first reaction was to laugh, because it is still a bull market in US stocks. No one can predict the future, including Warren Buffett, he just makes his own judgment, which does not mean that Buffett's judgment is correct.

    When the financial crisis gradually passes, there will be a considerable number of very keen funds into all walks of life**, the early stage will usher in a major reshuffle of the industry, and the real high-quality assets will begin to compete for the end, because at this time the best of high-quality assets is also the lowest, especially **or** and part of the fixed assets. So in the early stage, we need to exchange our assets for cash, even if the cash will depreciate, but as long as we succeed in the later stage to achieve high-quality assets, wait for the start of the economic recovery cycle after the financial crisis, and the chips in our hands will gradually become valuable.

    Therefore, the best way is to judge whether a certain period belongs to the early, middle or late stage of the financial crisis according to their own professionalism and knowledge reserves, and according to a part of the information fed back from the surrounding environment, as well as what they think is a high-quality asset, its **** trend chart comprehensive judgment, in order to be able to convert their early cash assets into high-quality assets in the later stage, and outperform the entire inflation cycle.

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