If you did not trust banks, what would you do with your money?

[rebelcowboysnb]

http://www.polsci.ucsb.edu/faculty/cohen/inpress/bretton.html

 

[thaiturkey]

Was that not the birth of the New World Order?

What I can't figure out is how the Western architects of the NWO plan to control the emerging Asian economies. Are those guys one step ahead or one step behind?

 

[Red Barn Farms]

Money? What money?

Hum, you mean people really do trust banks? I'd take all my money and buy it up in Gold. It's really the only thing with a value attached to it.

 

[skyangel]

I prefer to keep my money in a safe place, and for past experience of dealing with banks....who in fact like to move your spending around to benefit them so they can charge you fees upon fees, no thanks. I work hard for my money, at least I can keep what I earn, and not over spend what I dont have or in some instances appear to have spent more than what I have when I didn't.

 

[catdaddyfro]

It cost me $18 a month for a bank account so I can have a little debit card that is quite handy at times. If I'd keep over $500 in the account it'd only cost me $9 a month. I don't keep much of my money in the dang thing, as I don't have much anyway but I sure don't won't some SOB knowing how much I do have and I know they say its safe and nobody can get your info; WELL B.S. in this day and age of electronic gadgets they can find it in almost an instant and our fine government can sure enough freeze it right quick too.

Jeff

 

[Baymule]

http://www.polsci.ucsb.edu/faculty/cohen/inpress/bretton.html

that was a good read, thanks for the link.

 

[Baymule]

any body know about petrodollars?

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-part-2/

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system-part-3/

If you take the time to read these links, you will REALLY love those politicians!!!!

The short version is, the Fed has over printed trillions of U.S. dollars, most of which are overseas being traded for oil. All oil sales and trade is conducted in U.S. dollars. If the rest of the world gets tired of trading inU.S. dollars and wants to buy in their own currency as China and Russia are cozing up to each other to do, then there is an over supply of U.S. dollars and they get sent back home. Our economy will totally bomb, hyperinflation will ensue, banks will clamp shut and busineses will close. Other countries are chafing at the petrodollar constraints imposed on them. It is only a matter of time before another more fiscally responsible country steps to the forefront with the blessing of the rest of the world.

I am not a doomsday, gloom and doom prepper. However I consider myself to have at least a glimmer of intelligence, at least enough to look at both sides of the story. I sincerely pray the above links do not come true, but what if they do? What if the U.S. falls off it's exalted pedastal? History supports the facts that no country stays on top forever.

Yes, I have money in a local bank and I have a savings account. Not a lot, but it would hurt my feelings if I lost it. And yes, I am invested in rice too.

And wheat and cannned goods and heritage garden seeds and I even have chickens. Given the state of things, I think a full pantry is a smart thing to have.

 

[call ducks]

Ok so i am with a Credit Union....


What i would like to know is what is the difference between CU and a Bank (say up here in Canada RBC, or ScotiaBank, sorry i don't know any american banks)

 

[JD4570]

Banks in the U.S. can charge transfer fees, handling fees, deposit fees, atm fees etc, etc, etc. Credit Unions as a rule do not charge such fees.

 

[hemet dennis]

any body know about petrodollars?

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-part-2/

http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system-part-3/

If you take the time to read these links, you will REALLY love those politicians!!!!

The short version is, the Fed has over printed trillions of U.S. dollars, most of which are overseas being traded for oil. All oil sales and trade is conducted in U.S. dollars. If the rest of the world gets tired of trading inU.S. dollars and wants to buy in their own currency as China and Russia are cozing up to each other to do, then there is an over supply of U.S. dollars and they get sent back home. Our economy will totally bomb, hyperinflation will ensue, banks will clamp shut and busineses will close. Other countries are chafing at the petrodollar constraints imposed on them. It is only a matter of time before another more fiscally responsible country steps to the forefront with the blessing of the rest of the world.

I am not a doomsday, gloom and doom prepper. However I consider myself to have at least a glimmer of intelligence, at least enough to look at both sides of the story. I sincerely pray the above links do not come true, but what if they do? What if the U.S. falls off it's exalted pedastal? History supports the facts that no country stays on top forever.

Yes, I have money in a local bank and I have a savings account. Not a lot, but it would hurt my feelings if I lost it. And yes, I am invested in rice too.

And wheat and cannned goods and heritage garden seeds and I even have chickens. Given the state of things, I think a full pantry is a smart thing to have.

"then there is an over supply of U.S. dollars and they get sent back home"

So how would they "get sent home" ? Do you think the people sending them will want something for them or will they just drop them off ? If they want something do you think that could be goods and services from us ? Do you think that would be like buying stuff from us ? If they have a lot of dollars maybe we could sell them a lot of stuff (goods and services). We might even have to put more people to work making stuff for them to buy. Darn them for making more jobs here.