posted ago by RightIsMight
+6 / -0
Heard it on Quite Frankly broadcast yesterday. What if 75 million of us pull all our cash from the banks. Leave 50 in to keep your accounts open and functional. Leave the direct deposit paychecks set up to avoid the fees. But we pull our cash from now on every weekend when we get paid. Bills can be paid by money order. You can make cash atm deposits when you must use your account. What do you all think?
Heard it on Quite Frankly broadcast yesterday. What if 75 million of us pull all our cash from the banks. Leave 50 in to keep your accounts open and functional. Leave the direct deposit paychecks set up to avoid the fees. But we pull our cash from now on every weekend when we get paid. Bills can be paid by money order. You can make cash atm deposits when you must use your account. What do you all think?
The better way to do it would be 75 million americans taking as much money from the banks through unsecured debt and not pay it off
I've been down this road before in my early 20s. I did that once already. Not afraid to do it again.
Combine the efforts and do both?
The first million might get their money but the other 74 million of us would be fucked. Would definitely expose the system. That’s some fight club level Minecraft tyranny. Sweet.
Why wouldn't the rest of us get our money?
Bc banks can't store an unlimited amount of bills?
They have to provide you with your cash. You're right they don't have unlimited bills on hand but they will have to get bills for you if you request a withdrawal.
If millions of people go withdraw at once, there won't be any to request.
That's the whole point. Take your money out of the banks. If we all do it the financial system will crater. Go there as many times as it takes to get what's yours. I don't buy this whole there isn't enough cash in the branches. I know that. Go back until you get it.
there arent enough actual dollars at the banks if we all did a run on it at once.