You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves
This is great. Thank you for posting that. Do you happen to know what Jackson's suggestion to how people should store their money without the bank was?
I don’t think he was against the concept of banks, but more the criminality and actions of the central bank.
Like he said, they were placing bets and keeping the winnings while passing any losses onto the people. This was enough to warrant drastic action. Since then they’ve done this and many things that are much worse. It’s literally threatening the existence of the USA.
Fractional-reserve banking is not a real bank. Most people have no idea how money actually works. The "federal reserve" and banking systems like it are racketeering schemes designed to enrich bankers and defraud everyone else.
Oh, I know that. The question is, what do people do with their money? The bank lends some amount of security (FDIC, security against theft, fire, etc. compared to if you keep it under your mattress.) So where do people put it for safekeeping? Whether it's a relatively small amount, like most people have, or a large amount like millionaires have - the question NOW is, what does one do with it? Nobody seems able to answer that (other than buy metals.)
--moved to a safer area
-- bought guns and ammo
-- bought several hundreds dollars in physical silver coins
-- bought seeds for a garden
-- stocked up on foods w long shelf life and mres
-- stocked up on water
-- bought a water filter
-- keep several hundred dollars in cash on hand
--keep vehicle topped off in gas
--bought DWAC stock
(Last one hasnt panned out)
Next steps might include solar generators or some way to get off-grid energy in case of emergencies. Still have some money in a credit union but i feel i have managed my risk pretty well and that's all a man can do.
Well, sounds like you're in good shape. I mean, as you say, there's only so much a man can do. But it seems you have done pretty much all of it. I'm going to DM you.
This is great. Thank you for posting that. Do you happen to know what Jackson's suggestion to how people should store their money without the bank was?
I don’t think he was against the concept of banks, but more the criminality and actions of the central bank.
Like he said, they were placing bets and keeping the winnings while passing any losses onto the people. This was enough to warrant drastic action. Since then they’ve done this and many things that are much worse. It’s literally threatening the existence of the USA.
Right. Thanks.
Fractional-reserve banking is not a real bank. Most people have no idea how money actually works. The "federal reserve" and banking systems like it are racketeering schemes designed to enrich bankers and defraud everyone else.
Oh, I know that. The question is, what do people do with their money? The bank lends some amount of security (FDIC, security against theft, fire, etc. compared to if you keep it under your mattress.) So where do people put it for safekeeping? Whether it's a relatively small amount, like most people have, or a large amount like millionaires have - the question NOW is, what does one do with it? Nobody seems able to answer that (other than buy metals.)
Well here's what i did...
--moved to a safer area -- bought guns and ammo -- bought several hundreds dollars in physical silver coins -- bought seeds for a garden -- stocked up on foods w long shelf life and mres -- stocked up on water -- bought a water filter -- keep several hundred dollars in cash on hand --keep vehicle topped off in gas --bought DWAC stock
(Last one hasnt panned out)
Next steps might include solar generators or some way to get off-grid energy in case of emergencies. Still have some money in a credit union but i feel i have managed my risk pretty well and that's all a man can do.
Well, sounds like you're in good shape. I mean, as you say, there's only so much a man can do. But it seems you have done pretty much all of it. I'm going to DM you.