[AlaskaErik]

I’ll just keep it in a safety deposit box. No bank is going to “nudge” me into unnecessary spending.

[af_vet_1981]

I’ll just keep it in a safety deposit box. No bank is going to “nudge” me into unnecessary spending.

Safe deposit boxes cost money (perhaps $35 annually for a small 3x5) and any cash in it is not insured unless you purchase private insurance.

[dp0622]

how do you pay bills though if they do it to checking account?

0 percent to borrow and no new business is being created in the countries that are doing this.

so QE will go on and on and on and when/if it is finally stopped, oh brother!

no business now with 0, see what happens when its 2 3 4 5 percent.

dont know the answer.

[amorphous]

https://www.bitgold.com/

[Secret Agent Man]

and they will up your rent on the safety deposit box.

you dont think they can find ways to get some money from you?

[TribalPrincess2U]

In a few years there will be no visual money. There will be a ‘debit (card) number placed in your body. No one will have cash. No under the table deals. Government gets all they want. IMO

[Ken H]

I think Chase recently changed their policy and doesn’t allow you to store cash in safe deposit boxes. Other banks may have similar policies.

[montag813]

I’ll just keep it in a safety deposit box. No bank is going to “nudge” me into unnecessary spending.

20 years from now, the law will forbid that.

[GailA]

Banks quit paying anything but a pittance on interest on any type account or investment the day 0 was elected.

Annuities pay way more than banks ever did. And they are backed well. Mine will see 7% over 10 yrs, that goes for the IRA too. Which I can’t even begin to draw out for another 5 yrs anyway. Which I will turn around and put into paying off our downsized house. VA loan 3.5%.

[GailA]

Banks quit paying anything but a pittance on interest on any type account or investment the day 0 was elected.

Annuities pay way more than banks ever did. And they are backed well. Mine will see 7% over 10 yrs, that goes for the IRA too. Which I can’t even begin to draw out for another 5 yrs anyway. Which I will turn around and put into paying off our downsized house. VA loan 3.5%.

[tbw2]

Banks used to charge a fee for holding a lot of cash, because their service was preventing the money from being stolen.
They can’t make that claim now when nearly any federal entity that wants to could seize it, freeze it or debit it.