My bank (NC SECU) just limited my cash withdrawal to $2,000

Has the idea been floated that China could’ve used money as the vessel for a biological attack and they may be burning it?

OK, that's another clue, if true, AC.

Perhaps a reset is on the horizon. Sooner than later.

Thx for your input.

this is pretty normal.

threads like this for years on glp. so it's nothing new to us long timers here.

i know you're just going to ignore what i say.so , i say it in vein, that most banks don't carry much cash now and it has to be ordered in.

the shortage in cash you were told about is simply a "don't have enough today, sorry" situation, rather than a widespread cash problem.

No you idiot .. cash is pointless we are getting rid of it

Debit card ...duhhhhh

anyone thinking of a banking collapse, you conveniently forget they are "too big to fail" when it suits you.

I have a hard time believing that concept due to fact that existing bills/coins in circulation would still have the active 'germs/bacteria/virus' on it.

Yeah, it'd freak folks out to know that damn near everything they touch is encrusted w/ shit but it doesn't stop 'em from carrying on w/ normal business transactions.

Hmm, that's some major intel there.

there is a cash paper shortage.. because the printing presses that print the COUNTERFEIT... are closed. Some of them in Asia.

A dollar store I go to here opened late the other day.. the supervisor went to bank to get money to make change with... and they refused... a major grocery store her gave her cash and she ate 19 Cents of my purpose because I didn't have coin on me.

Holy shit some of you are absolute retards lmao.

Did you happen to look at the title of the thread you are in by chance?

Just FYI
"Little Birdie" says October for Bank Holidays.

now that is an interesting twist you bring.

"According to the United States Department of Treasury, an estimated $70 million in counterfeit bills are in circulation, or approximately 1 note in counterfeits for every 10,000 in genuine currency, with an upper bound of $200 million counterfeit, or 1 counterfeit per 4,000 genuine notes."


but it seems they have no idea the rate that cash is injected into the system

how do you buy a loaf of bread at walmart with gold? what good is gold to buy anything except maybe a car?

Last Edited by Bennder on 07/29/2020 06:13 PM

Credit union

That's what silver is for.

.

But Old US Cash will be like foreign currency and rated differently. Like travelling and having to convert for different values.

Not sure what to do with cash at the moment. Missed the window to buy gold and silver.

Real estate is hot now. People buying up everything!

Why do you care when your limit exceeds your balance by 100 times?

I’m a Chase private client and when I need large cash withdraws I call ahead as a courtesy. On Monday I withdrew $8,000 with no issues. Central Texas

it wont be worth shit when we go digital

LITECOIN!!!!

Maybe that's why Trump is spending like a drunk sailor trying to keep the economy afloat.

Why would anybody keep that much money in a bank? You know they changed the law after the last financial collapse. If your bank has financial "issues" they have the right to bail themselves out with depositors money. In other words, they will just keep your cash and their is nothing you can do about it.

How much interest are they paying you? 1/4" of a percent? I keep just enough to pay my bills in a bank. The rest is safely in my hands and in a safe full of silver and gold.

Not taking away from your story, but I've run into this a couple of times over the past 10 years in the Raleigh NC area. Either it is bank policy to only keep certain amounts of cash on hand, or it is bank policy to limit the amount of cash extractions. I was told that if I had given advance notice then they would have had the cash ready for pickup. $2,000 was the cash maximum that they advertised both times I encountered this situation.

More and more people can't pay their mortgages and loans. What do you expect banks will do? They are not charity organizations.

Mine limited men to $437.21. Bastards

There's no way in gods green earth that th3r3 is a shortage of coins.

What there is, however, is a massive disruption of the supply chain.

I took a few grand out when this Covid shit started, might have to do it again.

I just hit my ATM every day and pull out $200 until I reach what I need, but I'm not in a hurry or panicked yet.

everybody is stuffing their money in their matresses.

My ATM has been getting smoked dry everyone has been withdrawing cash makes no sense with most of business still closed and most people just buying online don't know why people are doing it

Highest I have seen in seven years at this location

ATM is loaded with $145k in 20s and 20k in 10s gone in 48 hours

And all the banks always have a line of cars now guess that is why people are just going to ATM to not have to deal with bank wait

I made a thread about this a few weeks ago and it was deleted!!!!!!

Didn't fit the narrative then!!!! Wow tried to warn nope not yet

Now look it happened!!!! Past tense!

To buy a gun so I can kill British communists.