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[–] Whitemail 0 points 60 points (+60|-0) ago 

Oy vey. That's anti-semitic.

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[–] 16017082? 1 points 8 points (+9|-1) ago 

Ha! (((They))) love it! Declare bankruptcy on imaginary money and then buy your bank back for pennies on the shekel!

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[–] GuantanamObama 0 points 4 points (+4|-0) ago 

(_hand rubbing intensifies)_

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[–] Eleutheria 0 points 2 points (+2|-0) ago 

This was the important lesson to take away from "It's a Wonderful Life".

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[–] Anomalia 0 points 2 points (+2|-0) ago 

People connecting the dots again. Will see how far this cycle will take it.

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[–] fuckmyreddit 7 points -2 points (+5|-7) ago  (edited ago)

I doubt the people are trying to crash the banks. It could be someone else. See my main comment below. Crashing the banks hurts everyday people.

Someone tried to crash us banks on January 1 according to William mount. It was stopped. They tried to extract 5 trillion.

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[–] Xax 0 points 12 points (+12|-0) ago 

Crashing the banks is a virtue. Go Jew some where else.

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[–] NosebergShekelman 0 points 8 points (+8|-0) ago 

That was me. I needed serious shekels for that new Japanese sex doll thingy. oy vey

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[–] Rellik88 0 points 2 points (+2|-0) ago  (edited ago)

Maybe they shouldn't loan 9 times what they actually have in money.

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[–] not_saying_a_thing 0 points 1 points (+1|-0) ago 

January 1st was a federal holiday. How exactly did they try to do this?

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[–] Sw0rdofDamocles 1 points 33 points (+34|-1) ago 

That's absolutely BRILLIANT!

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[–] Turn_Coat 0 points 6 points (+6|-0) ago 

My crypto bags are ready.

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[–] SIayfire122 1 points 3 points (+4|-1) ago 

Hopefully you have at least 10% of your crypto on something other than btc.

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[–] fuckmyreddit 1 points 1 points (+2|-1) ago  (edited ago)

How will you access cryptos when they shut down the internet?

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[–] fuckmyreddit 2 points -1 points (+1|-2) ago 

How easy would it be to cut off cryptos? Crash the internet. Crash the site? Declare cryptos illegal and confiscate everything? You do know there's a likelihood that Jews are behind cryptos.

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[–] bluedeath 0 points 0 points (+0|-0) ago 

They may be a surly and sometimes ridiculous lot, but the French when properly motivated do revolutions with inspired style.

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[–] Boycott_Israel 1 points 17 points (+18|-1) ago  (edited ago)

Lol. The average American has how much in the bank? Banks are immune to runs if they enslave you with debt first.

The average American has less than $4,000 in savings, while 57% of U.S. adults have less than $1,000 to their names.May 21, 2018

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[–] LostandFound 0 points 19 points (+19|-0) ago 

Three points of note here

  1. Due to fractional reserve banking, withdrawing 1-4 k en masse would actually have a very bad effect on the banking sectors liquidity ratio. The banks will generally create approx 10x more credit than they have in deposits, so each 1 taken out is 10 taken in the banks balance sheet, and that 10 is probably loaned to another bank and so on.

  2. Banking is a speculative market as a result of the above. The mere notion that a bank or financial institution may not be able to repay its debts is enough to damage the sector as a whole. It's a trust network based on the premise that things will either stay the same or get better generally over time.

  3. Crashing the banks is only effective if you stifle the top 0.1% from just buying everything up at firesale prices. This is a very effective way to crash the financial sector but the only people that win are the people that own the banks who retain credit and liquidity even when the market is at its lowest.

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[–] fr33europe 0 points 1 points (+1|-0) ago 

I think 10x is a vast understament

[–] [deleted] 0 points 7 points (+7|-0) ago 

[Deleted]

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[–] Boycott_Israel 0 points 9 points (+9|-0) ago 

It depends on how you act at the teller and what you say, as well as they have discretion on weather you get reported.

Banking activity can result in two different kinds of reports, and the filing requirements are different for each. Suspicious activity reports relate to $2,000-limit transactions involving alarming activity. The bank has 30 days to file this report, and, by law, it can't let you know that it's done so. A currency transaction report applies to transactions of $10,000 or more. The bank has only 15 days to file a report of this nature, and it must keep copies of such reports for five years.

FinCEN also instructs banks to be observant for signs of "structuring" – behavior that might indicate someone is trying to get around the usual reporting rules. For example, you might withdraw $6,000 in cash because you're leaving for vacation. Unaware that you've done so, your spouse might do the same thing a few hours later. But this innocent mistake would trigger a report, because the two withdrawals total more than $10,000 from the same account, even though two separate people made them. Structuring usually involves the deliberate use of multiple smaller transactions to avoid any single transaction that will trip a reporting flag, especially if they're made at different branches of the same bank.

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[–] hang_em_high 0 points 6 points (+6|-0) ago 

Plan B: rack up as many credit cards as possible with worthless shit and tell the jew banksters to fuck themselves

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[–] riffwraff 0 points 3 points (+3|-0) ago 

They just sue you and garnish your wages

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[–] vastrightwing 0 points 2 points (+2|-0) ago 

Jubilee!

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[–] carlip 0 points 4 points (+4|-0) ago 

I don't have solid numbers but i have to assume even if every customer had on average half that, so $2,000, and they all wanted their money at the same time, the bank would have to close down. bank generally service thousands of people, imagine them all demanding their $2,000, that's 2 million cash, banks dont carry that on hand daily.

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[–] FuckBlackRifleCoffee 0 points 1 points (+1|-0) ago 

Many banks don't even have $100,000 on hand.

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[–] bloodguard 0 points 13 points (+13|-0) ago 

If we started doing that here the police would camp out in bank parking lots and start seizing all the cash under asset forfeiture.

"I smelled teh devil weed so they must be drug dealers, your honor"

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[–] Gorillion 0 points 7 points (+7|-0) ago 

You keep the cops busy by having big protests further uptown where the politicians are.

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[–] Octoclops 0 points 1 points (+1|-0) ago 

This is why you go in a big group. And it's exactly why people like (((Jordan Peterson))) promote blind individualism.

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[–] apajeet 0 points 1 points (+1|-0) ago 

damn you are right. good to be wary of this. I plan to slowly pull out cash over the next few months. 2019 is going to be wild.

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[–] 16013949? 0 points 9 points (+9|-0) ago 

The EU countries have been very quick at shutting down banks and throttling withdrawal rates at the last several bank runs during the currency crisis. If this would happen at a scale large enough to hurt the banks, it would already have been shut down.

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[–] SearchVoatBot 0 points 1 points (+1|-0) ago 

This comment was linked from this v/AskAnon comment by @16017632.

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[–] Inaminit 0 points 5 points (+5|-0) ago 

Bien. Prenez les cocksuckers directement dans la chatte. Nous verrons qui fronce en premier.

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[–] thewhitewizzard 0 points 2 points (+2|-0) ago 

so this means ?

Good . <don't know this work>> the cocksuckers directly in the pussy. we will see which <<unsure of word>> is first.

My French isn't very good . . .

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[–] TheTrigger 0 points 5 points (+5|-0) ago  (edited ago)

<don't know this work>> the cocksuckers directly in the pussy

https://imgoat.com/uploads/cdd60ea004/183784.jpg

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[–] voatusernamevoat 0 points 4 points (+4|-0) ago 

What do bank runs matter in the face of currency printing?

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[–] vastrightwing 0 points 1 points (+1|-0) ago 

It's the psychological effect. Also banks only have minimum M1 currency on hand.

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[–] voatusernamevoat 0 points 0 points (+0|-0) ago 

I'm thinking in terms of virtual, in which the amount they can "print" is unlimited.

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[–] Mbailey63 0 points 3 points (+3|-0) ago 

Send them guns! Viva la France!!!

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