Biden's Treasury nominee: "No more private bank deposit accounts.. will be held directly at the fed"

[FrankenCub]

Myself and, I believe @holdover , have talked about Agenda 21 and Agenda 2930 at great lengths in the past

This is all part of it. Not so funny now that it is all happening...

IIRC, conversations about that started even back on the old forum. Far too many didn't take them seriously, and I'm afraid far too many still don't take it seriously. At least on the forum. Outside the forum, almost everyone is oblivious.
Impossible to dispute the actual text documents.

 

[fresch]

Straw man purchase of reloading supplies; booze, clothing for out doors, shoes, toothpaste, things that last and can be traded, medical supplies, silver, gold.
If we went post WWII Germany the rest of the world will be too. You will loose your land to taxes, bank accounts will be used for too big to fail long before the crash, so you will be down to protection, food, shelter.

 

[libertysnake]

Sorry little busy at the moment so I haven't had time to respond. Doing some online shopping for clothing.

 

[diggs223]

I’m getting scared of this right now. I think I have too much cash.

keep the cash, value is the same in or out of the bank. in the bank "they" can see it and take it, when they want

 

[spat]

keep the cash, value is the same in or out of the bank. in the bank "they" can see it and take it, when they want

A bit of cash is essential for emergency liquidity.

But holding very much as cash (or in a deposit account) is insane right now.

It is very seriously evaporating into the ether.

 

[repete]

A bit of cash is essential for emergency liquidity.

But holding very much as cash (or in a deposit account) is insane right now.

It is very seriously evaporating into the ether.

Solid goods, things you can see and feel, use and trade like food, guns, ammo, tools and SKILLS!

 

[holdover]

Assets,why do you think rich people buy Rembrandts? Because they want to hang them in thier house? If the value of the dollar collaspes, does the price of the Rembrant decrease in value?

If the price of your home or farm goes to$100 dollars are you going to sell it for that? Hell no. Because it has value. Fuck the market. Your home provides you with security, a roof over your head a place to eat and sleep It has actual value.

If the value of your dollar decreases, does your 63 Shelby cobra drop in price? Assets. Assets will protect your wealth. cash wont.

It cost the same amount of money to print a $100 bill as it does a one $1 bill. Its fucking paper, the value comes from the feds promise to pay, not the fancy paper itself.

 

[fresch]

Crack and crack whoauz.

 

[Shadow rider]

 

[togmaster]

Buy gunz.

 

[Catskillkid]

Buy gunz.

And ammo.

 

[Saltwater60]

So what can you do with lots of cash?
you can’t deposit it? That just sends flags to feds.
All bills are paid online. Nothing is local to pay with it

I had slowly started to move some into my bank accounts in preparation to buy a used sports car since if you buy one over $10,000 you need to file a paper with the IRS and I didn’t want to do that. Now I’m rethinking the car thing anyway. Prices are high, all this we want to get rid of gas bullshit, bad things are coming IMO, and my sons going to college it’s just not good timing.
I’ve always wanted to buy some silver, but I never have. Maybe bows the time.

 

[Saltwater60]

To the buy guns and ammo responses.
I do both with my cash.
I especially like it when it goes on someone else’s CC and I pay them.

 

[Saltwater60]

Your cash is evaporating at a rate of 7% a year right now. That's just going to get worse.

Historically it’s been 2% and I can live with that of liquidity of asserts. 7% is more than I want to lose.

 

[spat]

Historically it’s been 2% and I can live with that of liquidity of asserts. 7% is more than I want to lose.

You always need some liquidity, so evaporating cash is just the price for that.

You need to balance how much liquidity you want vs how much it costs.

But 2% vs 7% has raised the cost of liquidity a lot, so that balance has shifted.

 

[Saltwater60]

Solid goods, things you can see and feel, use and trade like food, guns, ammo, tools and SKILLS!

Guns and ammo are too expensive to buy right now. I have bought very limited ammo this past year and a half. Unfortunately I was going to buy before the big spike and said nah it’s been cheap for so long. Wow did I screw up because I could have sold my extra and made some good cash.

 

[HIghlander]

To the buy guns and ammo responses.
I do both with my cash.
I especially like it when it goes on someone else’s CC and I pay them.

Go to Walmart and buy the Walmart Visa Debit card (up to $500). Pay about $5 bucks to activate it at the cashier.

 

[holdover]

Guns and ammo are assets, especially high end guns. They retain actual value , in target, hunting , self defense, and God forbid, civil unrest. Ill bet everyone's collection of guns is worth more now than ten years ago. Ill bet powder and bullets are worth more now than 2 years ago.

classic High end cars motor cycles will hold thier value too.

gold and silver fluctuate but always break thier previous highs , and are extremely liquid

 

[spat]

Guns and ammo are assets, especially high end guns. They retain actual value , in target, hunting , self defense, and God forbid, civil unrest. Ill bet everyone's collection of guns is worth more now than ten years ago. Ill bet powder and bullets are worth more now than 2 years ago.

classic High end cars motor cycles will hold thier value too.

gold and silver fluctuate but always break thier previous highs , and are extremely liquid

I tipped my new barber in .380acp for my last haircut.

The haircut before we were talking guns and shooting and he said he was almost out and couldn't find any anywhere. I had mentioned that I had a couple cases I brought with me from NY.

When I called to make an appointment Friday, he asked me if I would sell any, so I brought a box and paid for the haircut and said "here's your tip".

He was very happy with that exchange

 

[holdover]

Guns and ammo are too expensive to buy right now.

Ya think? Watch what happens in 2 years, prices may double from here.

 

[nortatoga]

Five Senate Democrats Say They’ll Oppose Saule Omarova for OCC, Sinking Nomination​

Five Senate Democrats Say They'll Oppose Saule Omarova for OCC, Sinking Nomination

The far-left law professor's nomination was a step too far for centrist Democrats. | Economy

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