What do I do?
60k emergency fund in an FDIC insured bank. Do I withdraw all of it as soon as I can? Do I hang tight? Buy gold?
Help me bros.
No bank run pls
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
shutup retard
Get the cash out and use it to stack physical silver.
I hate that twitter and LULZ assholes are pushing for an actual bank run, this people have no clue on the consequences such an even would have on society
I think we all know the consequences, anon. Rip the bandaid off, burn it all down.
if you arent helping tip the scale you are a literal homosexual
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 homosexual at all lol
If it was not a threat you wouldn't reply
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
the other anon called it tipping the scales, it's funny, and you're a nagger
kek fuck it. do it. Collapse the banks. Fuck the joos. I already took mine out, bought gold.
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.
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 israelite.
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
these homosexuals are poor as fuck and jelly. They're getting their monthly dopamine acting like this
There’s some variation of this post at the start of every bank run thread. They must be having the shills work overtime
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
you sound like the most boring homosexual on LULZ right now.
Moar liek airforce homosexuals working for $0.13/hr in florida doing the bidding of a congressman while Sancho fucks their wives
This has to be a bot
b-but seriously LULZ... what do I do? withdraw all and try to buy gold?
You delet that image rite nao @[email protected]
>buy gold?
Monero
Monero is based. Also looking out for low privacy coins.
>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
society will be fine and moreover the US dollar will be fine
Go fuck yourself you absolute kike homosexual
It's called doing it for the lulz, how new are you?
Complete destruction of the US economy? Civil War?
I'm fine with either of these outcomes.
Look, it was going to happen anyway. We're just accelerating the inevitable.
Burn babylon
i think they understand it. it's just that they overestimate their own resilience
Trump was elected due to LULZ and nothing will convince me otherwise
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.
FED will "backstop" like UK israelites did when their pensions collapsed, but they aren't going to pivot.
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.
Always do what mitigates risk for YOU and no one else. So definitely pull the money out.
These banks need to learn
Oh okay, I'll leave my money in the bank so someone like you can get paid in full. Sure thing bud. lmao
Fuck you, the earlier a collapse happens the earlier we see some free money printing
> 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
>60k emergency fund in an FDIC insured bank
You're insured up to $250K then
Don't tell him, anon. It's cute to watch him freak out.
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.
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cite the law please, a link to source would be helpful
They can cover it all, they will just print the money
and how much would that money be worth after they print a gabillion dollars?
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.
>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
Good video link. It's 3 hours long though where can I see that they can only cover 1.3%?
he linked to a time you retard
huh, I see that in the link but when I open it it starts at the beginning.
have a 20 minute summary if you arent goign to watch the whole thing
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 LULZ
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
ok thanks homosexual 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.
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.
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?
check the account info of your institution. its required to display FDIC insured if its insured
yep, and if the fdic has to cover mass deposits, that 250k will buy you a couple months of groceries
I recommend panicking and withdrawing everything Monday morning
I recommend not panicking and instead calmly withdrawing.
Put it in SHIB you lunatic, or you'll lose the lot.
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
Overvalued. Follow the new narrative anon. Privacy coins will skyrocket. RAIL, FRIN, and ZEC.
you had 3 fucking years of us warning you
its illegal it incite a bank run
stop posting these threads
The law israelite cries out in pain as he charges compound interest on fiat currency
seethe more boomer, im taking my money out come tommorrow, so are my neighbors
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.
Yeah bro just walk out of the bank with 60,000 dollars. what's the worst that could happen
Move a majority out if not all Monday morning. Put some of it in a big player with high liquidity and keep some physical
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.
SELL your ASSets to the BLACK MARKet.
>tfw Ally Bank
>Only can withdraw from ATMs
If I withdraw I'll just get insta robbed
You're going to be the only retard there. If anyone else is there then you can be assured they also post pepe frogs.
Banks are worse than shitcoins
keep your money in gold.
gold won't do shit for you
oh really nagger is that why it's making me feel extremely comfortable when everyone else is shitting there pants about muh heckin bankruneronie?
you don't need to withdraw anything, you can buy with crypto on most gold retailers on the internet.
>Buy gold?
you didn't do that during covid?
>60k emergency fund in an FDIC insured bank
correction:
you had 60k
and gave it to the bank, it's not yours anymore
youre within the FDIC limit so just chill
>my Pennie’s in my bank account
>should I buy gold
Get fuckt retard
You deserve to be this way
You should have already bought gold. We told you for three years.
unironically put it all in D0BO for the memes (and to pump my bags)
set up direct deposit to coinbase