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The Banks Are PLANNING TO TAKE YOUR MONEY

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 Really will this system real crash this year ? I have heard so many stoies over the years I don't know what to think .

       The Banks Are PLANNING TO TAKE YOUR MONEY"

Posted Feb 23 2016

 

  REALLY ?

Andy Hoffman from Miles Franklin is back to help document the collapse. Andy says that negative interest rates are the last measure of desperate CRIMINAL banks, and it will allow the banks to do the unimaginable: "My God they are actually planning to hoard everyone into the banks and then TAKE THEIR MONEY," Hoffman says.

Andy is so freaked out by these developments, that he recently even bought some Bitcoin!

Hoffman says, "The only way to prolong the system is to control it by getting everyone into the banks. I think people are terrified that they're going to get their wealth taken, and that's exactly what's going to happen."

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

 

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Yes the banks are going to bail in your money. They have the legal right to, a deposit with the bank is a defacto loan to the bank and they can default on that loan. Just as a borrower can default on a bank loan.

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Digital dollars are the next Wiemar currency. Soon no merchant will accept credit or debit because banks will not or can not honor the purchase. In that case cash will be king.

Or do you wonder what happens when the power goes out or computers get hacked and no digital money gets traded? Keep cash on hand. I'm closing a business account Monday with a bank that charges me $138/yr just to store money there, even though the balance is well above what they say is the min for charges.

Reminds me of the fellow I knew who wanted to teach his young daughter about saving money. Opened her a savings account with $500. After a year (of no withdrawals or deposits) the savings account held $370. Get what you can out of the bank.

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Most people will not get excited over this story because because half of America doesn't have any money for the banks to take. Lots of Americans live paycheck to paycheck and subsidize their income with government handouts.

The smart people have their money off shore or in assets not easily taken by the government.

When I grew up people did not trust banks and kept their money in their mattresses. Sounds like its time to go back to  mattress savings and loan". LOL

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54 minutes ago, CGK said:

Most people will not get excited over this story because because half of America doesn't have any money for the banks to take. Lots of Americans live paycheck to paycheck

Scary in'it? I read 60% of Americans couldn't come up with $1,000 for an emergency without going into debt for it.

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Just now, Brio said:

Scary in'it? I read 60% of Americans couldn't come up with $1,000 for an emergency without going into debt for it.

Thats true Brio... more than half of Americans would not be able to pay their rent if they had a $1000 dollar car repair bill. 

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Yeah, once they go NIRP then the bank runs begin like they did in Japan. Zerohedge is all over this and the general consensus is get all your money out of banks. Credit Unions might be OK for awhile but the bottom line is......if it's not in your possession, you don't own it.

Back in the day people filled the end posts on brass beds with silver coins. Sweeeet.

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1 minute ago, YourMom2 said:

Yeah, once they go NIRP then the bank runs begin like they did in Japan. Zerohedge is all over this and the general consensus is get all your money out of banks. Credit Unions might be OK for awhile but the bottom line is......if it's not in your possession, you don't own it.

Back in the day people filled the end posts on brass beds with silver coins. Sweeeet.

I had a mason Jar buried in my yard with all my life savings in it.

After 2008 , I believe my savings could

fit in a aspirin bottle.

The bankers can't have what the citizens don't possess.

 

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I believe what's happening is that socialism (in it's insidious infant form) here in the United States, banking institutions realize that eventually the money runs out.

Socialism always works great UNTIL they run out of other people's money.

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Just now, Team Uzi said:

I believe what's happening is that socialism (in it's insidious infant form) here in the United States, banking institutions realize that eventually the money runs out.

Socialism always works great UNTIL they run out of other people's money.

I've been studying history re: socialism and have come to the conclusion that the only time it really works is in family units and in very small tribal communities. Otherwise, it's a one way ticket to HELL. 

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