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Old 02-23-2022, 07:51 PM
 
1,974 posts, read 1,103,000 times
Reputation: 1911

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Check it out
https://twitter.com/search?q=banks%2...ed_query&f=top

"Canadian Government hastily trying to unfreeze bank accounts. Presumably, as millions of Canadians rush to pull their money out of banks they can no longer trust, the banks stare insolvency in the face.


"Trending in Canada encouraging Canadians to pull their money out of banks as cash.
Similarly you can move your banking to a Credit Union."


"Hey CANADA...
Pull out your $$ from the banks.
Pull it out so hard that the banks drop hard.
Fk it...
And their fake emergency"
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Old 02-24-2022, 12:34 AM
 
28,122 posts, read 12,594,254 times
Reputation: 15336
Great, I hope 99% of the citizens pull all their money out, lets see how the banks and Govt behave then!


Ive said this before, in regards to other topics, but it holds true for this too...Citizens have THE NUMBERS in their favor at all times! If you can get enough people to stand up behind you, there is absolutely nothing the powers that be could do about it.
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Old 02-24-2022, 07:51 AM
 
25,445 posts, read 9,805,591 times
Reputation: 15336
Quote:
Originally Posted by rstevens62 View Post
Great, I hope 99% of the citizens pull all their money out, lets see how the banks and Govt behave then!


Ive said this before, in regards to other topics, but it holds true for this too...Citizens have THE NUMBERS in their favor at all times! If you can get enough people to stand up behind you, there is absolutely nothing the powers that be could do about it.
You do realize that there is not much hard cash that can be pulled out of the banks, right? Your bank account balance is just numbers in the ether.
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Old 02-24-2022, 07:53 AM
 
Location: Sector 001
15,946 posts, read 12,287,130 times
Reputation: 16109
Banks have no reserve requirement and the Federal Reserve has a totally managed economy at this point. Whether you have money in banks or not doesn't matter. Personally I keep mine in a Fidelity account invested in index funds. No reason to hold cash anymore the swamp are going to destroy it's value.

If enough people do it to prevent being tracked or taxed, they will eliminate cash totally. Politicians react to the peons attempting to break from their control.
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Old 02-24-2022, 07:55 AM
 
Location: The Piedmont of North Carolina
6,023 posts, read 2,843,063 times
Reputation: 7640
There's no way I'd trust a Canadian bank with my money. If I lived there, I'd cash out every penny.

Quote:
Originally Posted by trobesmom View Post
You do realize that there is not much hard cash that can be pulled out of the banks, right? Your bank account balance is just numbers in the ether.
Yep! Most banks only keep a small amount of cash on hand.
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Old 02-24-2022, 07:55 AM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
Quote:
Originally Posted by Rom623 View Post
Check it out
https://twitter.com/search?q=banks%2...ed_query&f=top

"Canadian Government hastily trying to unfreeze bank accounts. Presumably, as millions of Canadians rush to pull their money out of banks they can no longer trust, the banks stare insolvency in the face.


"Trending in Canada encouraging Canadians to pull their money out of banks as cash.
Similarly you can move your banking to a Credit Union."


"Hey CANADA...
Pull out your $$ from the banks.
Pull it out so hard that the banks drop hard.
Fk it...
And their fake emergency"
I am going to my bank today. We could have a cyber attack and can't get any money. If the banks are hit we are in deep do do.
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Old 02-24-2022, 07:56 AM
 
2,361 posts, read 1,752,308 times
Reputation: 2216
Probably not since banks have no problem pushing Mike Lindells money away from them for his conspiracy-laden stupidity. But hey, have at it. I'm sure Chase will be devastated when you withdraw your 500.00 you put in to get a free toaster in 1978.
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Old 02-24-2022, 07:57 AM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
Quote:
Originally Posted by FordBronco1967 View Post
There's no way I'd trust a Canadian bank with my money. If I lived there, I'd cash out every penny.



Yep! Most banks only keep a small amount of cash on hand.
There is not enough printed money to cover the digital numbers of the money people have.
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Old 02-24-2022, 07:59 AM
 
Location: Durham NC
5,150 posts, read 3,760,274 times
Reputation: 3693
Quote:
Originally Posted by sholomar View Post
Banks have no reserve requirement and the Federal Reserve has a totally managed economy at this point. Whether you have money in banks or not doesn't matter. Personally I keep mine in a Fidelity account invested in index funds. No reason to hold cash anymore the swamp are going to destroy it's value.

If enough people do it to prevent being tracked or taxed, they will eliminate cash totally. Politicians react to the peons attempting to break from their control.
Digital is on the way anyway.
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Old 02-24-2022, 08:01 AM
 
Location: The Piedmont of North Carolina
6,023 posts, read 2,843,063 times
Reputation: 7640
Quote:
Originally Posted by Taratova View Post
There is not enough printed money to cover the digital numbers of the money people have.
This is also true and my main reason for believing we need to return to the gold standard.
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