| Title | : | Yes, Banks Can Legally Take Your Money. (Bail-Ins) |
| Lasting | : | 8.28 |
| Date of publication | : | |
| Views | : | 6,5 rb |
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The FDIC insures your bank account up-to $250k Comment from : @BrandonBiden-m2q |
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Not Money It is fiat currancy Comment from : @toshibavoodoo |
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What is the solution? No alternatives to using banks? Comment from : @erinbsullivan444 |
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That's why almost all my money has been converted into gold and stashed away in a place known only to me Just enough in the bank to pay standing orders for my rent and local taxes If the bank fails they can argue with the bank Comment from : @MENSAlady2 |
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Bitcoin there is no second best Seriously - Comment from : @chrishayes8012 |
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So wait, we are essentially loaning the bank our money but we are the liability? How the hell does that work exactly? Comment from : @metaboss2021 |
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The Nagus speaks (and both my wife and I mean it affectionately) Do these rules override the $250k insurance in the USA provided by the FDIC? Comment from : @donaldwycoff4154 |
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Do you have any insight on the sunset provision in the Canadian Bank Act? It states bank holding companies shall not carry on business after June 30, 2025 What exactly does this mean for us laymen and women, if anything Comment from : @robyn7165 |
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CDIC is only able to cover roughly 1 of all outstanding depositsbrbrOne majjor bank failure, and CDIC itself will be in need of a bailoutbrbrThe irony -- the people with money in the bank are creditors to the govt having purchased govt guaranteed bonds (GIC)brbrbrI was trying to find out what do GICs actuallly consist of and if the guarantee of payment is directly from the govt or through some third party non-crown corporation looselly affiliated with the govt brbrThe former implies safety of the capital, the latter could be empty promises Comment from : @mth469 |
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Banking in it's current form is a crime Comment from : @alexlaszlo333 |
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So what do you suggest, I know its coming very soon Comment from : @Valeriegreeneyes |
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So Franchises? Comment from : @whyisblue923taken |
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So keep as little cash as possible in the bank to pay bills and such? invest/spend the rest in real assets you can hold? Comment from : @DeadDollar1 |
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Inverted reality You are the bank now while they are the dodgy creditors Demon planet Comment from : @Bufford2024 |
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they dont steal your money you gave it to them already Comment from : @jimflask1164 |
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