/biz/ - Business & Finance

shutup retard

I hate that twitter and 4chan assholes are pushing for an actual bank run, this people have no clue on the consequences such an even would have on society

>>54050655
>60k emergency fund in an FDIC insured bank
You're insured up to $250K then

>>54050672
I think we all know the consequences, anon. Rip the bandaid off, burn it all down.

I recommend panicking and withdrawing everything Monday morning

>>54050655
Put it in SHIB you lunatic, or you'll lose the lot.

>>54050704
I recommend not panicking and instead calmly withdrawing.

>>54050655
you had 3 fucking years of us warning you

>>54050655
its illegal it incite a bank run

stop posting these threads

>>54050655
Sorry fren, at this point your best option is to find the home address of the bank president and go withdraw some of his guts.

>>54050655
Yeah bro just walk out of the bank with 60,000 dollars. what's the worst that could happen

>>54050688
Don't tell him, anon. It's cute to watch him freak out.

>>54050672
if you arent helping tip the scale you are a literal faggot

>>54050672
kek fuck it. do it. Collapse the banks. Fuck the joos. I already took mine out, bought gold.
>>54050688
good luck getting it back any time this year.
i want to see the world burn. run the banks, take your money out. buy physical assets. buy a house, a car, precious metals. Anything but the banks. We can break the j00 banking system.
>bbbbut muh consequences and muh ssssociety.
fuck them all.

>>54050655
Move a majority out if not all Monday morning. Put some of it in a big player with high liquidity and keep some physical

>>54050688
>>54050732
the FDIC has enough money to cover 1.3% of insured depositors, per their own calculations. they can cover a couple literal who banks here and there that fail, they cant cover a complete run you fucking retard.
https://youtu.be/0PtULsOtI2o?t=5776

>>54050718
cite the law please, a link to source would be helpful

>>54050655
You joke, but we're gonna meme ourselves into a bank run frenzy with all these jokes about bank runs. It will be a self-fulfilling prophecy.

>>54050790
They can cover it all, they will just print the money

>>54050655

SELL your ASSets to the BLACK MARKet.

>>54050672
There’s some variation of this post at the start of every bank run thread. They must be having the shills work overtime

>>54050737
Yeah, I’m sure your gay little tweet is really “tipping the scales” anon lol I’m sure you’re twitter account with a pepe avatar is just the push that the bank run needs to kick off lmao you’re definitely not a literal faggot at all lol

>>54051451
and how much would that money be worth after they print a gabillion dollars?

>>54050672
society will be fine and moreover the US dollar will be fine

>>54050688
That's only until the insurance fund runs out. Enough banks go down and that will dry up quickly.
I'd get your money, OP.

>>54051514
Completely agree. Banks are definitely spending billions of dollars on shills to counteract the effects of a 4 posts per minute slow board where morbidly obese virgins think they’re going to bring about total financial collapse by encouraging bank runs. That makes perfect sense and isn’t completely retarded at all. Rest assured that the six replies I receive over the next twelve hours calling me a shill are definitely big brained super chads who just got done banging their 10/10 aryan girlfriends in their mega mansions and not 34 year old balding invalids who live with their parents

>>54050655
haircomb users dont have this problem

>>54051716
you sound like the most boring faggot on /biz/ right now.

>>54050672
Go fuck yourself you absolute kike faggot

>>54050688
Anyone how this $250k insured goes when it comes to different types of assets with a bank? If you have paid off $300k on a mortgage can they use that? What about retirement funds or securities?

>>54050710
no no no put it in USDC that shit is pegged to USD it can't go below $1
>USDC drops to $0.90
oh my bad carry on

>>54051591
Money would be worth the same because they are just replacing the missing depositor money, so the inflation created by increasing the money supply balances out the deflation caused by the shrinking money supply.

>>54050718
The law jew cries out in pain as he charges compound interest on fiat currency

>>54051567
If it was not a threat you wouldn't reply

>>54051819
check the account info of your institution. its required to display FDIC insured if its insured

>>54050655
>tfw Ally Bank
>Only can withdraw from ATMs
If I withdraw I'll just get insta robbed

>>54050672
It's called doing it for the lulz, how new are you?

>>54050672
Complete destruction of the US economy? Civil War?
I'm fine with either of these outcomes.

>>54051567
the other anon called it tipping the scales, it's funny, and you're a nigger

>>54050672
Look, it was going to happen anyway. We're just accelerating the inevitable.

>>54050672
Burn babylon

>>54051716
Moar liek airforce faggots working for $0.13/hr in florida doing the bidding of a congressman while Sancho fucks their wives

>>54050790
>the FDIC has enough money to cover 1.3% of insured depositors, per their own calculations. they can cover a couple literal who banks here and there that fail, they cant cover a complete run you fucking retard.
if you think literally every bank will fail I hope you own a gun and ammo to last a couple of years

>>54050655

You're going to be the only retard there. If anyone else is there then you can be assured they also post pepe frogs.

>>54050672
i think they understand it. it's just that they overestimate their own resilience

Banks are worse than shitcoins

keep your money in gold.

>>54050655
>Buy gold?
you didn't do that during covid?

>>54050790
Good video link. It's 3 hours long though where can I see that they can only cover 1.3%?

>>54053404
he linked to a time you retard

>>54053454
huh, I see that in the link but when I open it it starts at the beginning.

>>54053357
gold won't do shit for you

>>54051716
This has to be a bot

>>54053819

b-but seriously /biz/... what do I do? withdraw all and try to buy gold?

>>54050672
Trump was elected due to 4chan and nothing will convince me otherwise

>>54053872
You delet that image rite nao @_@
>buy gold?
Monero

>>54050672
Bank runs aren’t possible in the US. All the fed has to do is push a button and everyone’s money magically appears. If anything it’s being done to force the fed to end quantitative tightening and start printing again so stocks will pump. I would even say Wall Street is purposely orchestrating this entire scenario to get a new bull run going without it looking like they influenced the fed.

>>54053763
oh really nigger is that why it's making me feel extremely comfortable when everyone else is shitting there pants about muh heckin bankruneronie?
>>54053872
you don't need to withdraw anything, you can buy with crypto on most gold retailers on the internet.

>>54054088
FED will "backstop" like UK jews did when their pensions collapsed, but they aren't going to pivot.

>>54054135
They can keep doing whatever they want with interest rates but if they print trillions of new dollars to save the banks it’s going to create a massive bull run in every asset.

>>54050790
Fuck it I will attempt my understanding
With free speech, even hate speech is covered
What is not is incitement of violence via speech
So I’m guessing a bank run could and will incite violence
Essentially saying mean things on the internet now can be inciting violence
So that’s what I think the big deal with the gov and 4chan
Too many people using speech that they consider incitement of violent crime
I think it all boils down to that

I personally was not aware that the 1st amendment has been changed like this
I doubt the original authors would agree how it’s evolved
Because, wouldn’t speaking out freely against an oppressive actor saying the time for words was over be something that originally happened as America fought the Revolutionary War?

I don’t know. All I know is that now everyone is considered a suspect until proven innocent. Everyone in America. Posting here or being blissfully ignorant of this website’s existence and not.

You’re all free to do what you wish
Me? I’m doing my best to remove myself from interacting online. It’s bad enough all our data is recorded why give them any more reasons to bother you. I’ve never done anything wrong, or said anything I thought was wrong. But I don’t remember it all. After all I was drunk every day for over a decade.

I wouldn’t be here if something this big hadn’t happened
It doesn’t feel good, and it better be ok
Or we’re all going to remember this weekend as another 2008

>>54050655
>60k emergency fund in an FDIC insured bank
correction:
you had 60k
and gave it to the bank, it's not yours anymore

>>54051953
lol

>>54050672
>1 pot by this ID

>>54053404
have a 20 minute summary if you arent goign to watch the whole thing
https://youtu.be/mjMFwewWVMA

>>54054359
ok thanks faggot for that dissertation explaining you had no actual source and your authoritative comment about breaking laws was really based on nothing but "feels" you had like a retarded redditor. fucking dumbshit democrat voter this is real life get with the program. you either have substance or you dont.

>>54050718
seethe more boomer, im taking my money out come tommorrow, so are my neighbors

>>54050655
youre within the FDIC limit so just chill

>>54050655
>my Pennie’s in my bank account
>should I buy gold
Get fuckt retard
You deserve to be this way

>>54050655
Always do what mitigates risk for YOU and no one else. So definitely pull the money out.
These banks need to learn

>>54050672
Oh okay, I'll leave my money in the bank so someone like you can get paid in full. Sure thing bud. lmao

>>54050672
Fuck you, the earlier a collapse happens the earlier we see some free money printing

>>54050688
yep, and if the fdic has to cover mass deposits, that 250k will buy you a couple months of groceries

>>54053819
>banks are literally spending billions of dollars to hire an army of shills to counteract posters from an Indian shitcoin scam board that nobody has ever heard of
>if you disagree with this you can’t possibly be a sentient human being

>>54051975
You’re right, everyone knows that banks pull out the big guns when “pepeanon148842069” tweets about a bank run. I can’t believe I didn’t see it I feel like such an idiot now

>>54050655
You should have already bought gold. We told you for three years.

>>54050672
> NOOOOO A SYSTEM BASED ENTIRELY ON CONFIDENCE IS FINE LET BANKSTERS DO WHATEVER THEY WANT WITH 1%RESERVE REQUIREMENTS W-W-WHAT NO YOU CAN'T JUST TAKE YOUR MONEY OUT BECAUSE YOU DON'T TRUST THESE CONMAN BELIEVE IN THE SCIENCE YOU NAZI INCELS AAAAAAAA

>>54050751
buying real stuff doesn't take your money out you fucking retard. it goes from one bank to another.
There can't be a global bank run unless everyone withdraw cash.
Which would be pretty retarded, who wants to custody 100k under his mattress? thieves would have their best year.
and if you have 2k on your account lmaooooo
You'll withdraw it, spend it next month, gone to another bank.
Anyway, kys kikes.
A real bank collapse would be dramatic, not only for depositors, but for society as a whole. Even losers neets like you would lose their gibs and have no other alternative than starving or working for 5$ a day
>>54050672
these faggots are poor as fuck and jelly. They're getting their monthly dopamine acting like this

>>54050710
Overvalued. Follow the new narrative anon. Privacy coins will skyrocket. RAIL, FRIN, and ZEC.

>>54053981
Monero is based. Also looking out for low privacy coins.

>>54050655
unironically put it all in D0BO for the memes (and to pump my bags)

>>54051953

>>54050655
>>54050663
Get the cash out and use it to stack physical silver.

>>54050655
set up direct deposit to coinbase