Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: jeffers

I wonder what would happen if 75 million people showed up at their bank Jan. 21 and withdrew all their money?


People think we are powerless.

That suggestion has some serious teeth.


11 posted on 01/16/2021 12:41:43 PM PST by nesnah (Liberals - the petulant children of politics)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: nesnah; jeffers; All

FYI,every bank insured by the FDIC has an encrypted connection straight to the Fed. They can look at any account at any time and know exactly how much money you have. With the corruption in government there’s no telling who has access to this information so it would be prudent to keep your accounts drawn down as much as possible.


19 posted on 01/16/2021 1:13:03 PM PST by SanchoP ("Those who make peaceful revolution impossible will make violent revolution inevitable." )
[ Post Reply | Private Reply | To 11 | View Replies ]

To: nesnah; jeffers

This idea is being debated as we speak and will be laid out in future articles. But I’ll say this:

75 million full withdrawals? Checkmate - so long as we’re prepared for their response . But currently, impractical. You’ll need a um... committee of correspondence type network first.

And this internet ain’t it.


20 posted on 01/16/2021 1:14:35 PM PST by jimjohn (...like Donkey Kong.)
[ Post Reply | Private Reply | To 11 | View Replies ]

To: nesnah

Its called a “run on the banks” and it is not entirely possible. The FED GOV would shut down the banking system/reserve before most of us could get our money out.


21 posted on 01/16/2021 1:15:09 PM PST by neverbluffer
[ Post Reply | Private Reply | To 11 | View Replies ]

To: nesnah

Doomsday weapon.


40 posted on 01/16/2021 3:57:52 PM PST by jeffers
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson