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43
posted 3 years ago by rooftoptendie 3 years ago by rooftoptendie +43 / -0
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▲ 11 ▼
– bubble_bursts 11 points 3 years ago +11 / -0

flooding the economy with cash

This means they are printing money to distribute to their cronies via various laundering mechanisms including foreign aid etc. Its not actual cash, most of it is still numbers in the bank computers.

HOWEVER, it would be smart of Anons to withdraw a chunk of cash and keep it safe at home, so that you can survive for say 2 weeks of electronic outage, ATMs not working, credit cards not being processed etc.

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▲ 2 ▼
– RustyShackleford777 2 points 3 years ago +2 / -0

All that freshly printed money is being laundered in Ukraine right now, and then going back into their pockets.

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– bubble_bursts 2 points 3 years ago +2 / -0

Nancy and shifty went to collect their cut

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▲ 9 ▼
– Mr_A 9 points 3 years ago +9 / -0

Random garble. Most times when they say they flood the market with cash, they don't even mean cash, they mean liquidity. You're over thinking. But inflation is bad no matter what, and blackouts are messy no matter what. Don't add extra stuff.

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▲ 5 ▼
– deleted 5 points 3 years ago +5 / -0
▲ 6 ▼
– Mr_A 6 points 3 years ago +6 / -0

Yup. Computer fan go BRRR, printing press go quietrrr. And they're still making even less quarters than normal, too.

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▲ 4 ▼
– Canadianguy17 4 points 3 years ago +4 / -0

Remember, the American dollar is going to crash or has to seem to be almost crashing before they swap it for gold backed bills. The entire monetary system has to undergo a shift, while keeping everyone alive, while also removing the parasites that were shorting everything and destroying companies for profit.

It's a big mess but they can't just pull the plug. They need to teach the population to feed themselves first with all these food shortage scares. Then internet scares. It's all just to train the population to take alternative measures. If they wanted death and destruction you would pull the plug instantly on Jan 1.

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▲ 5 ▼
– NanoKhuma 5 points 3 years ago +5 / -0

Most money printing isn't the printing press type, but just entering numbers into a computer nowadays. The trillions that flood the market from the Fed and fractional reserve banking don't have but a fraction of the paper to back it.

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▲ 4 ▼
– KickingPugilist 4 points 3 years ago +4 / -0

A fraction of paper backing, and that paper is backed by nothing in and of itself. It's exponential nothingness.

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▲ 3 ▼
– Feelsgoodman 3 points 3 years ago +3 / -0

This reminds me of a Douglas Adams scene... Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.” Ford stared in disbelief at the crowd who were murmuring appreciatively at this and greedily fingering the wads of leaves with which their track suits were stuffed. “But we have also,” continued the management consultant, “run into a small inflation problem on account of the high level of leaf availability, which means that, I gather, the current going rate has something like three deciduous forests buying one ship’s peanut." Murmurs of alarm came from the crowd. The management consultant waved them down. “So in order to obviate this problem,” he continued, “and effectively revalue the leaf, we are about to embark on a massive defoliation campaign, and. . .er, burn down all the forests. I think you'll all agree that's a sensible move under the circumstances." The crowd seemed a little uncertain about this for a second or two until someone pointed out how much this would increase the value of the leaves in their pockets whereupon they let out whoops of delight and gave the management consultant a standing ovation. The accountants among them looked forward to a profitable autumn aloft and it got an appreciative round from the crowd.

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▲ 2 ▼
– deleted 2 points 3 years ago +2 / -0
▲ 1 ▼
– Feelsgoodman 1 point 3 years ago +1 / -0

🐸👌

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▲ 4 ▼
– Threeballes 4 points 3 years ago +4 / -0

This is very interesting actually…they would of course know that there would be pandemonium at banks, with people trying to withdraw cash, during an internet outage as well as when shit hits the fan…this would obviously mean that more cash would be available for distribution. I won’t totally discard your tinfoil signals!

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▲ 3 ▼
– NastyassHoneyBadger 3 points 3 years ago +4 / -1

Unlikely.

If telecommunications are down then the bank auto tellers would also fail.

And if everyone stormed the remaining bank branches for cash withdrawals, all the paper money would be gone.

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▲ 2 ▼
– deleted 2 points 3 years ago +2 / -0
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– NastyassHoneyBadger 3 points 3 years ago +4 / -1

I don't think it would help because of the logistics problem of trying to distribute so much money without telecommunications because all of these systems are centralized and computer controlled.

Remember that the phone network would also be down.

Smaller gas stations might be able to cope using only cash but everything would be royally fucked because almost nobody has a business plan for when the internet and phone system is down for more than a few hours at most.

Businesses couldn't place orders for stock. Truckers couldn't communicate with HQ to collect and deliver anything. The Federal Reserve couldn't coordinate with anyone.

Everything would be fucked.

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▲ 4 ▼
– deleted 4 points 3 years ago +4 / -0
▲ 1 ▼
– 5DWeBe 1 point 3 years ago +1 / -0

The bank gave me “trouble” one day I wanted to withdraw $6,000. Said I needed to withdraw in two increments on multiple days. Eventually they accommodated me. 🙄 It would be a mess and I doubt they’d even have the bills if everyone wanted to withdraw at once. Since then we have been hoarding cash at home in smaller increments every payday. It was an uneasy feeling when they wouldn’t give us our cash when we needed it.

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▲ 2 ▼
– WeAreThePlan 2 points 3 years ago +2 / -0

Property, food, and energy sources are what is truly valuable. People only really need food and housing. Everything else is bullshit.

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– prometheus_xiii 2 points 3 years ago +2 / -0

It's fiat currency. They can print cash out at will and assign it any value they want at any given time. Interest rates and debts are just a smokescreen for the real wizardry that goes on behind the scenes. The Fed could tell you that 1 dollar is work spit, or that one penny is worth $1000 and you would just have to accept that reality because they alone set the economic standards.

They maintain control by creating artificial scarcity of wealth by raising and lowering the value of the dollar at will.

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▲ 2 ▼
– deleted 2 points 3 years ago +2 / -0

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