General Discussion

Farmer-Rick

(11,418 posts)

19. You know they want to end the banking system as we know it

Fri Nov 15, 2024, 10:24 AM

Nov 15

They want to be rid of the central banking system and put in free banking. That's the system in place right before the Great Depression. The Federal Reserve system was put into place as a way to prevent yet another Great Depression.

So, if they do as is outlined in the 2025 plan, when another run on the banks happens like in 2007, there will be nothing to stop the bleeding. Watch it's a wonderful life to see a bank run with no stops. Cash will be king...sort of.

It will mean all your money in the bank will be taken by the bank to cover its losses. And with no FDIC (it's part of the Fed and does inspections and regulates banks) to insure your deposits, you will never get your money back.

Much like when the banks took your homes, when wall street crashed the system.

Also it looks like Musk is going to institute austerity for all. Oh the wonders of a fascist regime.

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Highlight:

The Worse the Chaos That Results, the Sooner the Eventual Revulsion and Turnaround [View all] babylonsister Nov 15 OP

Maximum pain Macrophylla Nov 15 #1

We see no evidence that the American people will experience revulsion and a turnaround. Irish_Dem Nov 15 #2

It's all theoretical Macrophylla Nov 15 #3

How much pain will the cult need to make changes? Irish_Dem Nov 15 #5

Koolaid, perhaps? Linda ladeewolf Nov 15 #35

Exactly. Irish_Dem Nov 15 #37

American Ignoratti... La Coliniere Nov 15 #9

I hate to admit it Scubamatt Nov 15 #32

And the best defense will be the use of humor. multigraincracker Nov 15 #34

Where is... brakester Nov 15 #39

On Fantasy Island having Daiquiris with Mr Roarke and Tattoo TheKentuckian Sunday #59

Then it'll be too late GoreWon2000 Nov 15 #40

What if Russia uses the United States for WWIII to attack and destroy Europe? DSandra Nov 16 #44

The Japanese and Germans could not stop Hitler. Irish_Dem Nov 16 #49

The only thing that fascists listen to is power and force DSandra Nov 16 #50

Exactly. Irish_Dem Nov 16 #51

So Americans should just let them go and arrest immigrants, liberals, and LGBT people? DSandra Nov 16 #52

We have not figured out a strategy yet. Irish_Dem Nov 16 #53

Better start working on alternate methods of communication.... DSandra Nov 16 #55

That is probably the least of our problems right now. Irish_Dem Nov 16 #57

Putin will destroy Europe on his own GoreWon2000 Sunday #63

Isn't this what everyone was saying the accelerationists wanted and why they voted for Trump to burn it all down? Fish700 Sunday #60

Exactly... There is no bottom Blue_Tires Nov 15 #11

I know we keep being told what Trump and his cult cannot/will not do. Irish_Dem Nov 15 #13

The bottom is America becoming like Afghanistan DSandra Nov 16 #45

With Donnie we're halfway there 😞 Blue_Tires Nov 16 #46

If you take social security and Medicare away from senior citizens milestogo Nov 16 #47

I suspect it will be done cleverly and in increments. Irish_Dem Nov 16 #48

Good... Think. Again. Nov 15 #4

Rather than putting cash under the mattress Dan Nov 15 #6

You know they want to end the banking system as we know it Farmer-Rick Nov 15 #19

Within the expected chaos, there will pathways to effective resistance. Magoo48 Nov 15 #20

It requires the goring of personal oxen to get their attention EYESORE 9001 Nov 15 #7

People... 2naSalit Nov 15 #8

By the time we hit rock bottom, Blue_Tires Nov 15 #10

Im pretty sure most of the cult will gladly drink Johonny Nov 15 #12

Probably an awful thing to say - Lokee11 Nov 15 #18

Let trumpers DownriverDem Nov 15 #14

When things go in the shitter you know they will blame... S/V Loner Nov 15 #15

I'm afraid that history shows that idea not to be true. MineralMan Nov 15 #16

omg Passages Nov 15 #17

The cult is so friggin brainwashed they'll be blaming Biden for inflation in 18 months BeyondGeography Nov 15 #21

Nope. They'll keep blaming their problems on drag queens and immigrants, LuvLoogie Nov 15 #22

Fascist regimes can be very resilient Nasruddin Nov 15 #23

It could help in the midterms if we survive til then. surfered Nov 15 #24

turnaround voteragain Nov 15 #25

This won't happen if media like Fox News continue keeping them in the dark oldmanlynn Nov 15 #26

When it effects their wallet, they just might realize they were conned. appleannie1 Nov 15 #27

Yea right. It's easier to con someone than convince them they have been conned. Ray Bruns Nov 15 #33

Germany eventually recovered from Hitler, but the cost was horrific. Ocelot II Nov 15 #28

I will be honest, though part of the issue is the Democratic Party oldmanlynn Nov 15 #29

Oldmanlynn, brakester Nov 16 #41

Sorry was letting my phone dictate. I corrected it. oldmanlynn Sunday #58

But the problem remains. We still have to listen to Trump's every brain fart for the next four years. Ray Bruns Nov 15 #30

It's a hope I've been clinging to. It's one reason... LAS14 Nov 15 #31

Something seems to be forgotten though shawn703 Nov 15 #36

Yes! Mencken said it years ago Grins Nov 15 #38

This sounds like the Susan Sarandon theory of government and revolution. JustABozoOnThisBus Nov 16 #42

Election cycles usually go in 4-8 years but if we no longer have real elections, that won't happen. kerry-is-my-prez Nov 16 #43

That's nice, the revultion factor witll cause a negative reaction and eventual turnaround. brush Nov 16 #54

Easy to say if your not LGBT DSandra Nov 16 #56

Those outside the "mainstream" John Shaft Sunday #61

For much of America, all it takes is a job loss and their job field being automated, making it hard or impossible... DSandra Sunday #62