/brg/ - Bank Run General

[Anonymous No.54024192]

>yes hello, I'd like to withdraw all of my money before you collapse please and thank you

[Anonymous No.54024213]

>>54024192
im unironically going to the bank right now to withdraw the max i've been shitposting for 12 hours

[Anonymous No.54024220]

Will the old banking families survive this?

[Anonymous No.54024242]

>>54024192
Just use your credit card to buy crypto when the bank crashes they have other worries than your 10K credit crad debt

[Anonymous No.54024252]

>not slowly gambling all your money in your account so they don't catch on
Thousands already cashed out this year.
Fuck modern banks.

[Anonymous No.54024261]

Based. In all seriousness though Anons, you all need to make sure you've got a good amount of cold hard cash in your hands. I'm not saying to empty your accounts necessarily, but definitely go get a few grand out.

[Anonymous No.54024274]

>>54024192
They only let 5k out at a time, but you can get 3k at the in house atm's. I will be back on Monday for the rest of it.
T.Chase

[Anonymous No.54024325]

>wouldn't let me take out more than $5000
>girl at the bank jokes with me
>"we don't even have enough at this bank to empty your account"

[Anonymous No.54024329]

>>54024242
no joke I have been putting all my purchases on 0% interest credit cards for the past year and would love to see those loans turn into grants, ppp style. hope they go under

[Anonymous No.54024361]

>>54024325
>jokes

[Anonymous No.54024365]

>sorry if you want 10k cash you'll have to schedule an appointment. We don't have enough funds right now
Bros what the fuck is going on. I've never had this problem before

[Anonymous No.54024384]

>>54024329
that would be incredible.

[Anonymous No.54024392]

>>54024329
where you get 0% ccs? The best I have is 1.5%

[Anonymous No.54024412]

>>54024325
basically got to hit atmss daily

[Anonymous No.54024491]

>>54024192
I took my savings out last year and I've started using cash again for in-store shopping. All I have left in the bank is what I spend on a couple digital services. One's a VPN to fight ISP throttling and the other's a pro wrestling streaming service. Pic related.

[Anonymous No.54024514]

>>54024392
I think they are usually promotions for the first year with a new bank

[Anonymous No.54024515]

>>54024220
They may not this time around. The conspiracy guys have become optimistic in recent months.

[Anonymous No.54024540]

>>54024220
>>54024515
The Mothschilds wanted to pull out in May, at this rate, they won't make it to then

[Anonymous No.54024560]

>>54024261
I always have a few grand in the safe. Most people can't afford to

[Anonymous No.54024634]

>>54024325
>"we don't even have enough at this bank to empty your account"

[Anonymous No.54024651]

>>54024325
When I got a weekend job in high school I opened a checking account at a Bank of America and closed the Weenie Hut Junior kid's club passbook account I had for years. The old bank seemed kind of nervous about my $800 and the teller at BofA helping me seemed legitimately concerned it might close that other branch.

[Anonymous No.54024681]

>>54024325
>>54024634

this has been a thing for years

[Anonymous No.54024687]

>>54024634
Buy some metal if they won't let you take it out

[Anonymous No.54024700]

>>54024687
Also meant for >>54024325

[Anonymous No.54024702]

>>54024325
>>"we don't even have enough at this bank to empty your account"

[Anonymous No.54024708]

>>54024192
What implications will this have on the Canadian economy? It's already down the gutter but will this cause total collapse? I wouldn't mind Canada being removed

[Anonymous No.54024792]

Bros I don't have any cash but I do have this, will I be okay?

[Anonymous No.54024832]

>>54024325
that's fucking grim.
modern economy is just pushing debts from one computer network to another.

[Anonymous No.54024842]

>>54024792
i mean you didn't have to buy the absolute bottom dollar nigger shit but its better than nothing

[Anonymous No.54024872]

>>54024708
It'll spread, but IDK how far. Go ahead and pull yours out and >>54024687
>>54024792
Get some cash and metal as well. Just in case.

[Anonymous No.54024895]

>>54024842
You have problem with Wolf Ammunition, comrade?

[Anonymous No.54024944]

>>54024325
I pulled 6000 bucks out the bank to buy my jeep a few years back and they looked at me like I was robbing the place.

[Anonymous No.54024967]

>>54024192
thanks. just withdrew 100k.

[Anonymous No.54024974]

>>54024220
Who cares?

[Anonymous No.54024981]

>>54024325
That's normal actually. If you want more they have to schedule it.

[Anonymous No.54024983]

>>54024944
That's normal. They want you to use cards and apps instead.

[Anonymous No.54025004]

>>54024192
>/biz/
>keeping money in a bank
ISHYGDDT

[Anonymous No.54025007]

>>54024895
i dont but your glonk might

[Anonymous No.54025008]

>>54024192
Are they going to use this to push digital currency?

[Anonymous No.54025012]

>>54024895
its cheap surplus shit but better than nothing

[Anonymous No.54025017]

>>54024325
I have to try several ATMs to find one with enough to pull out even 1K. It just rejects my request unless I lower the amount or try another machine.

[Anonymous No.54025020]

>>54024981
>>54024983
That's normal, banks use paid shills to assuage fears all the time

[Anonymous No.54025029]

>>54024325
She was flirting with you since she saw your account

[Anonymous No.54025039]

>>54024192
I put all my money under my mattress, lmao.

[Anonymous No.54025071]

>>54024792
nice empty boxes
wire shelf screwed into cardboard/drywall
more than 15 pounds and that thing is coming down

[Anonymous No.54025078]

>>54024192
Jokes on them I keep the bare minimum in my account the rest goes to keeping my credit card payed down and stocks (lovers suicide plan if I die it means you died).

[Anonymous No.54025150]

>>54025020
Not shilling fag. Most banks don't hold a bunch of cash because of robberies.

Also cops can seize $10,000 cash without a weren't in a traffic stop.

[Anonymous No.54025209]

>>54024192
am i a naive idiot if i think i will receive an fdic payout if i just sit back and watch my bank go under?

[Anonymous No.54025235]

> having more than 250k in the bank
lol, just lmao

[Anonymous No.54025241]

>>54025209
You will but when things get really bad those payouts take years and those are usually brutal years filled with inflation so when you get your money it's worth fuck all

[Anonymous No.54025301]

>>54024325
What's the fundamental difference between hard cash and numbers in a computer? They wouldn't let bank runs happen anyway

[Anonymous No.54025338]

>>54025301
trust. if you trust numbers on a screen arbitrarily put there and would accept those for your labor or services then you might be an idiot, but a happy idiot

[Anonymous No.54025481]

>>54025301
the difference is they don't have hard cash. when you call their bluff and ask for some they panic and cry. making bankers cry, that's all I care about.

[Anonymous No.54025538]

>>54024220
By buying up land for the last several years to become neo feudal lords

[Anonymous No.54025540]

>>54025235
>keeping your wealth in one place
Got some stock, got some gold and silver, got some bullets, got a house.

[Anonymous No.54026735]

>>54025540
I have stock but it was bought via my bank, how fucked am I?

[Anonymous No.54026767]

>>54026735

[Anonymous No.54026834]

is my roth ira with vanguard fucked? i'm scared bros....

[Anonymous No.54026906]

>>54024220
lol people like that probably won't even hear about the "news". Nothing will change in their lives. This is probably a footnote in some report they don't bother to read most of the time.

[Anonymous No.54027059]

>>54024192
Can't the federal reserve just print money to give to banks when they run out? Not sure how much this would affect the banks. Would definitely cause some serious inflation, though.

[Anonymous No.54027112]

>>54024325
she was flirting with you, sperg

[Anonymous No.54027159]

>>54024325
>>54027112
>I've got something else small and worthless you can empty
I'll try this at my bank and report back.

[Anonymous No.54027161]

>>54026834
> roth ira with vanguard
they in the game anon, that is their whole purpose. if the market in which they invest tanks then so do they.

[Anonymous No.54027182]

>>54024261
K

[Anonymous No.54029053]

>>54027182
Why does the gold look like brass

[Anonymous No.54029168]

>>54024213
Yeah i'm going to go withdraw a bunch of money from my account tomorrow. and withdrawing the money from my Etrade account.

[Anonymous No.54029221]

>>54024325
Took out 5k cash to pay for a roof last year. Didn't have any problems.

[Anonymous No.54029313]

>>54024325
Hold up. Where the fuck does the money we put in the bank actually go.

[Anonymous No.54029332]

>>54029313
the computer

[Anonymous No.54029371]

>>54027182
Based Krug enthusiast

>>54029053
It's not 999 gold

[Anonymous No.54029388]

How do Credit Unions do? Are they the same as banks or are they safe?

>Doesn't know the difference

[Anonymous No.54029404]

>>54024192
>"I'm sorry sir, we only allow withdrawals of $5000 daily"

Literally what will happen. Happened to me 2 weeks ago when I wanted to being 8k to a gun show.

[Anonymous No.54029412]

>>54024842
CCI mini mag is great.

[Anonymous No.54029419]

>>54029313
It becomes numbers that go to an account the bank has with the us treasury where they get paid the overnight federal funds rate. The cash itself goes to a central vault at the bank unless they have what they deem is enough cash for daily operations. The excess gets shipped off to the federal reserve where it again becomes numbers on their account.

[Anonymous No.54029425]

>>54024792
youre set for life

[Anonymous No.54029452]

>>54025540
you forgot hens

[Anonymous No.54029502]

>>54029452
Put Pullets after bullets my bad.

[Anonymous No.54029504]

>>54029313
I don't know if it's true but I read that roughly 90% of all dollars are purely digital. It sounds bogus but the majority of people I know have less than $500 in physical cash.

[Anonymous No.54029523]

>>54029415

[Anonymous No.54029534]

>>54024192
This is just Jew money, right? The goy banks with the goy money are fine, right?

[Anonymous No.54029570]

>>54029388
They're going to be smaller and more conservative than even community banks, which could be good if they have less debt outstanding during the reckoning but also bad if the locale they serve suffers particularly hard times.

[Anonymous No.54029576]

>>54025012
Wolf has never been surplus, it's always new production.

[Anonymous No.54029577]

>>54029504
Your boss keeps all the payroll money digital, he then gives you a check which is not money but an IOU if you have direct deposit that money remains digital, if you spend that money using a debt card then at no point have you touched a piece of physical money everything you did was digital extrapolate that to everyone else.

All your bills are probably paid digital never once turning it into physical money and they take that money and pay their employees through direct deposits.

[Anonymous No.54029585]

HEY WHAT THE HELL YOU DOIN' WITH MY MONEY IN YOUR HOUSE FRED?

[Anonymous No.54029614]

>>54029313
>anon learns how banking works
south park was a documentary
https://youtu.be/Y3AM00DH0Zo

[Anonymous No.54029624]

>>54029388
>>54029570
also there insured usually by the NCUA, I think there slightly more sound then the FDIC.

[Anonymous No.54029636]

>>54029404
>Happened to me 2 weeks ago when I wanted to being 8k to a gun show.
Anon......you don't need a gun.

[Anonymous No.54029744]

>>54027182
I hope you don’t think that’s a lot of money

[Anonymous No.54029878]

>>54029053
has copper in it so it’s harder. there’s still a full troy oz of gold in it tho. also you’re trading the wealth of africa for fiat currency every time you buy one

[Anonymous No.54029886]

>>54029744
I count at least 10oz of gold and a decent amount of silver. Nothing to sneeze at.

[IT COULD BE WORSE No.54029968]

if usd fails, gold fails, prove me wrong

[Anonymous No.54029995]

>>54029412
At work, wish I could post my Paul Harrell Pepe right now but I just don’t have it right now.

[Anonymous No.54030095]

>>54029388
They are not the same as banks, the banks are insured by FDIC in the US, the credit unions by NCUA.

Credit unions can fare better or worse than banks. So far what is affected is FDIC insured banks. So my extremely superficial analysis is they ought to be somewhat safer in the short term.

[Anonymous No.54030154]

>>54024192

Retard here who’s been too focused on midterms to lurk lately

I thought USDC was crypto, why does this matter and everyone’s sperging about a bankrun? Qrd?

[Anonymous No.54030197]

>>54029968
>if a currency made of paper, based on absolutely nothing but jew farts and glownigger shilling fails, a precious metal used for thousands of years as real currency will fail too
Big brain

[Anonymous No.54030205]

>>54029313
They immediately invest it in the riskiest positions they can find. Banks are trying to make a profit, and credit card debt isn't enough to fill their pockets.

[IT COULD BE WORSE No.54030237]

>>54030197
muh btc

[Anonymous No.54030355]

>>54024252
Like las vegas?

[Anonymous No.54030373]

How do I pay my bills if i withdraw all my money

[IT COULD BE WORSE No.54030444]

>>54030373
nft's duh

[Anonymous No.54030510]

i doubt any of the poorfags ITT have enough to exceed the FDIC insurance limit so the fearmongering is misguided

[Anonymous No.54030540]

>>54030510
Individually no, but what happens when FDIC blows their load on the first bank closure of the depression?

[Anonymous No.54030771]

>>54024325
It's shocking how some kids on /biz/ actually thinks their tiny ass bank branch is going to have $50,000+++ held in their tiny vault waiting to be robbed.

[Anonymous No.54030967]

>>54024702
Are people here really this dumb? Local brach Banks don’t keep cash on hand, they are arm debits and mortgage paperwork

[Anonymous No.54031011]

>>54029332
omg AI is now taking our money!

[Anonymous No.54031022]

>>54031011
Could you really blame it?

[Anonymous No.54031215]

>>54029995
This one?

[Anonymous No.54031222]

>>54025235
they're gonna up the insured limit to $1m right? because of inflation and all?

[Anonymous No.54031245]

I can't believe the cash gangs won

[Anonymous No.54031247]

>>54024192
>>54024213
>>54024274
>>54024261
>>54024325
Curious what the effects of today's mini bank run will be
Chase was fairly busy when I went this morning. If even .1% of people went and got $500 cash out that would be billions in cash withdraws today
Monday will tell

[Anonymous No.54031728]

BANK RUN JP MORGAN NEXT HE COLLUDED WITH JEFFY EPSTEIN 1000 EMAILS

[Anonymous No.54031776]

>>54029313
its just as digital as crypto

[Anonymous No.54031813]

>>54031728
Ignore their involvement in creating the reserve bank.

[Anonymous No.54031854]

>>54031215
Yes, thanks fren that’s the one

[Anonymous No.54031943]

>>54030771
>it's shocking how some people think their bank actually has their money

[Anonymous No.54032146]

>>54024220
The cartels got hit big with this. They are getting a list of targets of interest. These people have armed guards that look tough but wont stand a chance against the mexican mafia

[Anonymous No.54032182]

>>54029636
No, I definitely needed those guns.

[Anonymous No.54032249]

>>54032146

If you're talking about the biggest fish such as Rothchilds, they got the CIA as a bodyguard. Cartel is in business with them

[Anonymous No.54032407]

>>54024213
I went over to the chase atm after going to dinner and withdrew 4k, which is my max. Going to do it again tomorrow. I only have around 35k in the bank. So after I get around 10k in cash in case the bank pulls kikery, I’ll leave the rest.

[Anonymous No.54032411]

>>54031943
It's shocking to realize that most people don't understand that the entire financial system is nothing but fraud all the way down. And I don't mean evil Jewish demonic villains conspiring behind the scenes, I mean that the very basic parts of the financial system that they teach you about in school are obviously scams. Why are banks allowed to lend money they don't have? Why are shareholders entitled to a cut of a corporation's assets but not a proportional share of the corporation's liabilities? The only answer is that fraud is the very basis of finance.

[Anonymous No.54032491]

>>54032411
The idea behind fractional reserve banking is borrowers will pay back their loans before a critical mass of depositors will demand their money back. The bank's profit margin on this activity offers a certain buffer for when little things go wrong day to day. Of course it's going to blow up when banks as a standard practice lend to poor people, immigrants, and for dessert zombie tech companies whose only equity comes from even bigger retards' investments based on fraudulent valuations.
And when you invest in a corporation, your share of the liabilities is the risk your investment will lose money.

[Anonymous No.54032744]

>>54032491
The problem has nothing to do with the risk (which is nonzero even in a perfect society full of perfect people), and everything to do with the fact that they are printing money. By basically lending out the same money multiple times, they are increasing the money supply and therefore debasing the currency. This creates bubbles in markets where lending is particularly common (an easy to see example would be real estate, but the reality is that the vast majority of all lending happens within the financial sector itself), inflating the values of those markets more than the currency as a whole, paradoxically making it harder for people to afford things like new cars and houses.

>And when you invest in a corporation, your share of the liabilities is the risk your investment will lose money.
Yes, and that's fraud. Owning 0.2% of a corporation should put you on the line for 0.2% of its liabilities.

[Anonymous No.54032757]

>>54030510
The government will have to print trillions of dollars to recover lost deposits and your savings will lose 25 — 30% of their value overnight and be drained completely in the ensuring economic chaos and depression. Gold will always find a buyer and carry you through an economic crisis. Better to put most of your long-term emergency savings in physical gold rather than dollars.

[Anonymous No.54032793]

>>54029404
God damn what’d you get with 8k, bunch of stuff or one really cool thing?

[Anonymous No.54032860]

>>54030510
only a few banks have to fail in order for them to run out of money even for the poorfags with $1k in their account

this is why they are talking about "bail-ins", they take the unsecured money from the top accounts and redistribute it equally until its gone

so people with $10M lose all but 250k and the 9.75M goes to the poorfags but everyone takes a haircut of ~12% or so, so little johnny ends up with something stupid like $890 or something