What Will You Do When the Dollar Hyperinflates Into Oblivion? Collin Plume and Dave Hodges

Submitted by Dave Hodges on Wednesday, May 20, 2020 - 11:49.

The FDIC has 1.2% of the money on hand they need to cover all deposits! In 2014, the G-20 determined the order of payouts based on bank failures and they determined that the credit swap derivatives group was first and unsecured creditors (that would be you) are last. In 2012, the Federal courts determined that when you deposit your money in the bank, it belongs to the bank.

Read the preceeding paragraph again and please tell me that you think you are getting your money back when the banks fail! If you think you are getting your money back when the dollar fails, please think again!!!

Will the dollar fail? At the beginning of COVID-19, we had a $22 trillion debt. We have added $10 trillion to the debt in a depressed economy with 33% unemployment and the coming mortgage failures leaving the banks high and dry! What do you think. The following interview, presents you with options!!!

Comments

When money ceases to buy…

D H Wed, 05/20/2020 - 22:17

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When money ceases to buy anything, the root of all evil fights disolved, gods doing, than one will multiply fishes and loaves out of thin air, lest some think only satan has power over magic and wonders, for i shall bring all things to your rememberence, recalling the lion, satan, the lamb, god, shall lie down togther, so no longer be at war, hence so very important in this sobering time to eliminate any unlike or disdain of others, for such is the only thing within keeping charity, divine, from taking over one self, for hate is the beast, billions infected with it, and those who cast hate the beast from them self SHALL BE RAPTURED. It is already so. The revealing of MAX GOD, MAX SATAN, will be simultaneous. Those minus hate enter the gate.

Relative called to National Guard Duty for 3 months undisclosed

Wendy Weeks Wed, 05/20/2020 - 23:47

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A relative got called to NG duty for 3 months. Doesn't know where he's going. Was told he will be helping disinfect hospitals and nursing homes. He's an electrician. I will keep you posted.

Effectively, there is no FDIC with the law changes in 2014

Mark Wexler Thu, 05/21/2020 - 00:10

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Since, when any bank fails, all the depositors' monies, funds, and contents of safe deposit boxes automatically/legally becomes the property of the bank to liquidate to cover the bank's failure--the FDIC NEVER WILL "Insure your money up to 250K", BECAUSE YOUR MONEY NO LONGER BELONGS TO YOU! Like some of the prep articles warn: When the SHTF, you have only 1-hr (or less)to get home. A HOA I used to be on, had about $1-million (several accounts) with just one bank; the Board's "solution" was to have the bank provide a 'surety bond' to guarantee any deposits over $250K(FDIC)would be covered by the insur. co.--the rest of the Board refused to note the clause: The FDIC must pay us the FIRST $250K, before the insurance co. pays us 1-cent.

History repeating. Always…

Lying Dog Face… Fri, 05/22/2020 - 00:26

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History repeating. Always think of those photos of the Weimar Republic and their citizens burning worthless currency or purchasing a loaf of bread with a wheelbarrow filled with money. It will be us, soon enough...