Yehuborim media say avoid cash to prevent coronavirus

[Lunar Dance 666]

Unless depositing your money costs nearly 10 bucks per transmission.

 

[The Alchemist7 [SG]]

There's no point in saving for college or a house or car now. Quarantine s and what not lol.

Saving money for cars and houses has nothing to do with what I said. With money in the first place you buy food, wather and other essential goods that you normally use. If a global economic collapse will shut down banks like it happened during the Great Depression in US, you will lose your money. Considering this, don't you think that is safer to withdraw your money from those banks which mostly will risk bankruptcy in the future? I am really curious how are you going to pay your bills and buy food after if this happens.

 

[Fuchs]

I am really curious how are you going to pay your bills and buy food after if this happens.

The question is not if someone is abel to buy something, the question is, if there is anything to buy in the first place.
It wasn´t a joke when the clergy said stock up (atleast until 30.06.2020 https://ancient-forums.com/viewtopic.php?p=146748#p146748).

 

[Length]

I am really curious how are you going to pay your bills and buy food after if this happens.

The question is not if someone is abel to buy something, the question is, if there is anything to buy in the first place.
It wasn´t a joke when the clergy said stock up (atleast until 30.06.2020 https://ancient-forums.com/viewtopic.php?p=146748#p146748).

Exactly. of course pay your bills. But looking ahead as this virus gets worse, people don't work- meaning since no manufacturing or production and borders closed as no importing or deporting than money becomes extremely useless. All the extra money you had thinking things such as an entire country lockdown would blow over is now garbage when it could have been used.

 

[The Alchemist7 [SG]]

The question is not if someone is abel to buy something, the question is, if there is anything to buy in the first place.
It wasn´t a joke when the clergy said stock up (atleast until 30.06.2020 https://ancient-forums.com/viewtopic.php?p=146748#p146748).

Stock up for the chaos that will come. But it will finish at a certain point. If banks will indeed collapse, even after this chaos ends people will still be ripped off their money. And who knows, even if we stock up for these times, maybe there will still be oportunities to use cash money to buy stuff that we need to survive. The main point is that banks are not to be trusted.

The thing is that media is telling us that cash money are very dirty and we should better avoid them and use banking instead, which is clearly an attempt to fool people to keep their money in their bank accounts and not to withdraw them which will seriously affect the stability of the banks. In the Great Depression in '29 - '33 thousands of banks went bankrupt and over $100 billion of people's money have dissapeared. I think we should all learn from this.

 

[Fuchs]

The question is not if someone is abel to buy something, the question is, if there is anything to buy in the first place.
It wasn´t a joke when the clergy said stock up (atleast until 30.06.2020 https://ancient-forums.com/viewtopic.php?p=146748#p146748).

Stock up for the chaos that will come. But it will finish at a certain point. If banks will indeed collapse, even after this chaos ends people will still be ripped off their money. And who knows, even if we stock up for these times, maybe there will still be oportunities to use cash money to buy stuff that we need to survive. The main point is that banks are not to be trusted.

The thing is that media is telling us that cash money are very dirty and we should better avoid them and use banking instead, which is clearly an attempt to fool people to keep their money in their bank accounts and not to withdraw them which will seriously affect the stability of the banks. In the Great Depression in '29 - '33 thousands of banks went bankrupt and over $100 billion of people's money have dissapeared. I think we should all learn from this.

Agree, one famous german broker did say we are at the moment when the banks sell out there precious stuff to get money (gold, anything that is fast sellabel ) because the banks do not trust each other any more, so they don´t lend each other money. But they need money so they sell anything they can. Thats the reason the goldprice did decrease recently. After that they will sell thear properties and buildings. If the price for this stuff also dropps we are close to a bank breakdown. Which will cause a bankrun. Better be the first in line. I heared in england they stopped refilling the ATMs. So people can´t bankrun.
The broker said CASH IS KING at the moment

 

[Tyrone1978]

I'm under the impression the UK government backs individuals money in a bank account if the bank goes bust. As per Google search -

'Under the Financial Services Compensation Scheme (FSCS), up to £85,000 per person, per institution is now protected if a bank, building society or credit union goes bust. In other words, if the bank collapses, savers will get any money in these accounts up to £85,000 paid back in compensation.'

So I assume your funds are guaranteed to not be lost up to the value of 85K.

I also like to use cash instead of digital currency to try and keep it going a bit.

 

[Desdemona_666]

I am the one who always used credit card, out of convenience.


Now, I will switch to cash again. It is obvious electronic money is more controllable. Don’t know about bitcoin, though.

 

[Specter]

Everyone should also have some precious metals if they can get any at this point, Maxine recommended a long time ago that lead is a smart choice but I have a few ounces of silver laying around.

Bartering items I'd suggest you have if the dollar falls under:
- Precious metals of course
- Power banks If you can get them at a dollar store buy plenty because if the electricity goes out for a certain period you can make any social media addicted phone user beg on their knees for one of these things.
- Quality toilet paper
- Batteries
- Gloves/Masks if the virus is still ongoing
Etc...

 

[GG Allin]

I am the one who always used credit card, out of convenience.


Now, I will switch to cash again. It is obvious electronic money is more controllable. Don’t know about bitcoin, though.

Bitcoin is controlled by whoever has the most of it >40%(biggest proporton). If you succeed you can fool the system (online wallets) and steal the coins(more details, but well search www). With this technice one famous japanise traiding company got run over, they also did sell magic cards(card game). This did render the security and value of the currency. And you can gess who did push it to 20k just to crash it and collect most of it.

 

[Shael]

The Yehuborim want to condition people to stop using cash and only use cards which are based on electronic currency. This is the currency they want to control the world with. If its that important just use those protective gloves a lot of cashiers are using to handle money. You should always wash your hands after handling money anyway its common health sense.

What are your thoughts on banks potentially freezing money in the future? I assume we still have to wait a while until we can know with certainty?