BAIL-IN: Could banks freeze money and lock you out?

Walser Wealth Management President Rebecca Walser joins 'Making Money' to discuss the social impact of inflation on Americans. #foxbusiness #makingmoney
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[@louis71350]

I'm curious, for someone with less than $50,000 to invest, how would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. What's your take on this approach?

[@WestonScally7614]

It's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research.

[@SageMadsen]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

[@Redwood4040]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@Christine-wp2bw]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@matthewthomas7824]

Invest in food alcohol ammo and gold.

[@tomdrummy4984]

Going broke ? The country IS broke…….$35/trillion in DEBT. Your tax dollars are paying for the INTEREST on that debt !!!

[@drgdieselfrenzy7707]

I feel sorry for kids who are being born today, they're $350,000 in debt before they take their first breath.

[@lonestarrk9308]

@@drgdieselfrenzy7707The ones who are lucky enough to be born.

[@zanyrumon5156]

Over the course of President Trump’s four years in office, the gross national debt grew from $19.95 trillion to $27.75 trillion - a $7.8 trillion increase (debt held by the public - the more economically-meaningful measure of debt - grew by $7.2 trillion over this period). However, much of this borrowing was due to policies put in place before President Trump took office or due to unexpected changes in circumstance. Debt was already projected to grow by about $3 trillion for the four years of his term when President Trump took office, and some of the additional debt accrued was also the direct result of the COVID-19 pandemic and recession. It’s also important to note that the government was holding an unusually large $1.6 trillion in cash when President Trump left office, which inflated the growth in debt relative to the deficit run during his time in office.

[@zanyrumon5156]

The largest bills include $1.9 trillion from the 2020 CARES Act, another $1.9 trillion of ten-year borrowing from the 2017 Tax Cuts and Jobs Act, and a further $2.1 trillion of borrowing from the Bipartisan Budget Acts of 2018 and 2019, which mainly increased discretionary spending. The bipartisan Further Consolidated Appropriations Act of 2020 enabled an additional $500 billion of borrowing, mainly from the repeal of various Affordable Care Act (ACA) taxes and other bipartisan tax cuts. Other significant legislation added a combined $350 billion to the deficit. In terms of executive actions, President Trump’s unilateral expansion of various tariffs raised about $445 billion over ten years, largely offsetting the cost of other actions such as the termination of the ACA’s cost-sharing reductions funding and a prescription drug rebate rule (which was ultimately repealed).

[@therocknrollguitarlounge7057]

But we sure have money for wars and trans surgeries paid by our military

[@smokymacpot1733]

Stop sending are money over sea America first this is crazy we live in clown world

[@richradtylr4]

😂 Why not? we can just keep printing. 🖨

[@yang8155]

Everything in your house made in china. Stop complaining

[@christine8324]

@@richradtylr4Aaaand… a collapse.

[@elkmountain1114]

Yeah that's for darn sure!

[@bigbubba4314]

Our money, over seas

[@RogerMitchem-rl5mo]

Going broke? We’ve been broke for years

[@bhinbayoucity5691]

Yep...more n more broke each n every year since 1776!!!

[@happyappy19931]

And our enemies know it

[@Ditty0014]

Yea from giving it away to Ukraine

[@user-tp1zq6ey9j]

since 1913 when tommy wilson signed the fed res bank corp

[@user-tp1zq6ey9j]

@bhinbayoucity5691 correction... since 1913 when wilson gave the power to NGO fed to counterfeit USD.....

[@nicolasbenson009]

The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

[@SandraDave.]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@EddyAgnes-vy4kp]

Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

[@bernadofelix]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Hectorkante]

Mind if I ask you to recommend this particular coach you using their service/

[@bernadofelix]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@mpravica]

How can we be $33 trillion in debt and it not be a "big deal?" This country is going off the rails.

[@Jason-TheChad-Muska_circa1995]

Yep and you do nothing but b**** about it and that's why you're part of the problem. This is the reason why I left and went to Central America.

[@entropicdoom8018]

Already 36 trillion, 33 trillion was 3-4 months ago

[@mpravica]

@@entropicdoom8018 Thanks for the correction!

[@millennialCitizen]

Wow another added another T for just a year

[@entropicdoom8018]

@millennialCitizen if I am not mistaken, I believe 1 trillion will be added every 3 months. However, that rate will increase due to compounding interest and uncontrolled government spending.

[@scriptles]

Federal Reserve isn't even "federal" let that sink in.

[@norman7179]

Fed is the controller of our currency. Not actually part of the U S G. We were sold out many years ago and technically are slaves to the "system".

[@patjones2082]

🎯

[@danram1489]

Not federal and has no reserves lol

[@scriptles]

@@danram1489 yep

[@davidseal8375]

And you can thank a Democrat president and congress for that.....

[@VRGamingTherapy]

Pay attention to what's going on in Canada. The same isn't too far away from happening here! Vote accordingly!!

[@Peacefulfairypeace]

No one in politics cares for the citizens they look into for their personal interest just look into their networth

[@nobama3468]

Just like the Euro Peons, they got invaded and Biden follows his orders 8 years latter.

[@scott8462]

Your wrong again

[@VRGamingTherapy]

@@scott8462 You're*. Stay humble, but get educated.

[@ramiroperez2461]

​@@VRGamingTherapy what's happening in Canada?

[@Joe-xh8io]

What if you wanted to buy something that day, a used car or some item that is $3000. That's not much money.

[@corpr8dystopia778]

Banks don’t care about that, it’s just transferring around digital numbers. In physical withdrawals , They actually hand over cash which reduces their cash on hand, and reduces what they can lend because it’s fractional so the amount they can loan depends on how much physical cash they have. Quantitative tightening reduces cash production which makes it more scarce, so banks become more protective over it. Cash is king, especially now, make no mistake about it.

[@Lifeisshort2669]

Well last year the bank wouldn't give me $100 is coins (I asked for some of each not all the same or anything). Then just yesterday a lady at the bank asked what I wanted and I said a couple hundred in cash, she tried to direct me to the ATM which I said doesn't give you 1s and 5s! She said she didn't have many in her drawer so I had to wait on another teller! Yes just 100 dollars in each! The other teller did have it though!

[@tomonetruth]

@@corpr8dystopia778 Maybe in your jurisdiction bank branches have to hold physical cash to honour local customer withdrawals, but in general there is no requirement for banks to hold any fiat currency whatsoever. They need "cash" reserves, but these are not physical. QT means that banks are not authorised to "print" as much money, but again this is a digital exercise - there is no physical currency involved. There is less physical currency in circulation nowadays because it's simply not used as much - it has nothing to do with fiscal policy at all. Physical cash is in many ways far less liquid than digital cash, and it earns exactly 0% interest - I suspect very few of the worlds billionaires keep their wealth in suitcases under the bed.

[@danielsolis6854]

IRS got to approve it and no more approvals this year

[@johnevans1969]

Scary days folks, scary days

[@darnellcapriccioso]

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

[@richardhudson1243]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@tatianastarcic]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@jeromesand]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@tatianastarcic]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Tenley Megan Amerson for about five years now, and her performance has been consistently impressive.

[@hoosier-daddy-wv5gi]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..

[@cyberpunked77]

Apparently, they didn't learn from 2008

[@banalucki]

obviously, if you are hysterically always re-writing history, you aren't willing to learn from it...

[@notdave2993]

We never learn.

[@brad9672]

2008 never ended

[@Wolfcamp555]

Neither did 2001 ​@@brad9672

[@bondjovi4595]

Can't flash the old stuff, eh?

[@ryanpatterson9526]

The banks CAN take your money. The banks WILL take your money. Take it to the bank!

[@oahuhawaii2141]

Banks can hold onto your money and refuse to return it. They can transfer your money to the government without your consent.

[@oliphauntsneverlie6227]

No! Take it OUT of the bank!

[@cockykid1234]

@@oliphauntsneverlie6227Where do you put your money?

[@Lifeisshort2669]

Bank runs here we come then!

[@NMIBUBBLE]

Hold the people running the bank accountable class action lawsuits should be a thing! And 10 times you money back! Feds can print money then cause inflation! But they still want to tax the crap out of you! Taxes no more!

[@obidenwhatajokeverysad5809]

democrats make great sheep they are easy to herd and the wool covers their eyes

[@daviddavis3426]

That's what they say about us!!!!

[@Salador1777]

Lol they are tho. I used to think I was a Democrat. Nah. The politicians aren't even Democrat they neoliberal

[@jordyhumby]

It doesnt really matter if its democrat or republican. The western elites world economic forum can take over any political party for their own gain.

[@YankeeinSC1]

only takes one or two sheep dogs for an entire heard

[@kyles2232]

You are a sheep if you think both sides aren't to blame you fool.

[@clintscott3300]

I am down 100k on my portfolio this year most of my own doing but I am scared if my bank or brokerage goes under. I have 450k in a joint account. We’re already seeing savings dwindle because of higher prices and the rising costs of paying back debt. Investing is sure tricky. We are looking at turning to emergency funds. can’t investors catch a break?

[@benalfredo]

Government stimulus payments and curbed spending allowed Americans to save more money than they typically do. Annual household income surged in the past 4 years post pandemic, don’t expect it to continue.

[@simone_maya]

Yup excess savings families gathered during the pandemic appears to have run out among middle-income and low-income households.

[@FranciszekPawal]

I’m in a private client group under a certain monica mary, a market strategist and Wall Street vet. In a note sent to the group sh said S&P 500 have fallen too far, too fast, clearing a path for the market to rally into the end of the year, in a note to clients published last Friday. Bide your time in the markets.

[@clintscott3300]

Who is this strategist Monica you talk about? I and my spouse have been looking for something like this especially in this quarter to help us organize our finances going into next year.

[@xavier_lucas]

I agree, the bearish sentiment gives way to a bullish indicator, you however must plan properly or consult with a professional who has lived through two recessions at least and has a great track record with clients.

[@pascalouellette8516]

If I was the customer, step 1 ask for manager, step 2 ask for all of my money, step 3 don't leave until steps 1 and 2 are done...they are all reasonable requests...

[@ohikana4970]

They would kick you out with the security officer and if you resist you would be arrested. Unfortunate it is.

[@brandonlofft4886]

Remember when you signed up for your bank account and you rushed through all the paperwork that said “sign here” that was the part that stated that they can invest your money and that in actuality they own your money and you DO NOT. Whenever you deposit money they invest it…it’s called fractional banking. Why would the banks use their money to pay off their debt when they have yours 😂😂😂😂😂😂

[@08turboSS]

Step 4 dont use t ik ta c.

[@JosephD79]

if you close your account they have to pay right?

[@brandonlofft4886]

@@JosephD79 how are they gonna pay if the banks fail…which means no money. They won’t be able to pay you because the money is gone

[@Steve-yo4ld]

Welcome to Venezuela 2.0!👌

[@OrdinaryMan1999-tn4hh]

The people from Venezuela moved from the old Venezuela to the new one XD

[@patjones2082]

Thanks, dems! Bribem, you and the puppetmaster, especially.🙄

[@yosefmacgruber1920]

@@patjones2082 Zombie ByeDone lost.

[@ralphgreenjr.2466]

A fire safe is for more than just storing guns. If you have cash, you do not have to ASK a bank for your money!

[@norman7179]

They'll just declare the dollar worthless and issue a digital currency. This has been the plan for decades, it just a matter of WHEN !

[@Lifeisshort2669]

And inflation then takes the money down to nothing! In hyperinflation, people tend to spend money as quickly as they get it because tomorrow it's worth even less! Aka everyone is struggling but still spending money/credit like there's no tomorrow 🤔

[@allanjechorek4381]

That’s the nice thing about being broke. Don’t have too worry about this type of thing.

[@OgaugeTrainsplusslotCars]

You and me both.

[@BobbyDaniels-ck7jv]

Don’t worry about the terrorists abroad, worry about the terrorists within. The biggest squatter in America is in the White House.

[@norman7179]

Ship on a stormy sea with an empty suit at the helm. What could go wrong ?

[@dantheman6607]

Good thing all the Jan 6th traitors are in jail

[@BobbyDaniels-ck7jv]

Yes they investigated themselves and found no wrong doing and arrested anyone who did. Trump ordered the fence and up to fifty thousand national guards and Nancy Pelosi said to stand down. They had everyone delete the emails however now the judiciary committee has the email that validates it.. I suppose you also believe men can be women.

[@tomonetruth]

@@dantheman6607 Didn't the ringleader get away with it?

[@yosefmacgruber1920]

Zombie ByeDone lost.

[@nhmooytis7058]

Best bank = tennis ball tin buried in the garden. 😂

[@StandorFall13]

PVC with end caps is better

[@nhmooytis7058]

@@StandorFall13 I read about a guy who put his money in a cigar box and buried it in his yard but a squirrel dug it up and chewed the cash to shreds 🐿

[@bartstanley9678]

CBDC is going to make everything worthless. All of it.

[@gaynormca8992]

@@nhmooytis7058That is nuts! (lame joke)

[@nhmooytis7058]

@@gaynormca8992 A CORN y joke!

[@RusuSilva]

Minus the increasing wealth gap, it's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

[@RichardMoore-jg5tl]

I get it, navigating today's challenges is tough. Protecting what's left is crucial. Consider seeking advice from a financial advisor for investment direction. And remember, a failed business doesn't mean giving up.

[@FusunTumsavas-cq7tp]

Exactly. Failed businesses are just steps forward. Don't lose hope. When choosing a financial advisor, find someone who understands your unique needs-I learned this through experience. Now, I earn six figures from investments alone, and even more from my businesses.

[@RossiPopa]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@FusunTumsavas-cq7tp]

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@RossiPopa]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@freespirittransport5139]

Keeping a bare minimum in banks these days!!!

[@patjones2082]

Smart.

[@NatiaMaisuradze-ey5iq]

You can't deny the cyclical nature of financial markets. Artur Grandi's book gives you a roadmap for stabilizing investments and dives into potential investment avenues, such as cryptocurrencies.

[@hiloknowsall7462]

If it were cyclical we wouldn’t still be in the GFC that never ended. Moreover, WW3 began with invasion of Ukraine 🇺🇦. Consult history, and you find, no one considered WW1 or WW2 as actually “happening” until well after the fact / retrospectively they all started well before anyone at the time called them as such.

[@brettmann6677]

That's why everybody should have at least $500-$1k in there house at any given time

[@banalucki]

I really liked a comment I read somewhere - bottom lining "trade" - "Gold is the currency of kings, silver the currency of gentlemen, barter the currency of farmers, and debt the currency of slavery". But now we need to add "Lithium is the currency of billionaires"

[@wileecoyote5749]

*their

[@sailnekkid]

@@banalucki Ammo is the currency of American Patriots....

[@sailnekkid]

Way more than that.....

[@SomboonCM]

What's your address?

[@tbutman42]

Obviously we haven't sent enough money to Ukraine yet...what's the hold-up? (eyeroll)

[@FullofHope842]

So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 442k in the space of a few months... I'm especially grateful to Whitney Eston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape......

[@FullofHope842]

She's mostly interacts on Telegrams, using the user-name...

[@FullofHope842]

@WhitneyEston.

[@justinmcclung359]

Yes. They did it here in Canada when the convoys occupied Ottawa. They froze the banks of people who donated to them too.

[@jennycamitchell6421]

Banks better start giving people there money..

[@norman7179]

I asked my bank about a sizable withdrawal just out of curiosity and they said they'd have to order the money from the treasury. It might take several days for it to be delivered. Banks don't keep huge amounts of money on hand.

[@R7Romeo]

Their**

[@johnjaco5544]

Or????????

[@fuzzy1514]

@@johnjaco5544ill

[@umoramayori]

In the US, the money you deposit is legally the banks, NOT yours.

[@stephenbatton3933]

It is NOT your money,it's a federal reserve note 😂 So much people don't know and they refuse to know

[@mikeharmon3272]

WAKE UP AMERICA

[@rlamp2872]

Remove cash from your accounts before long, or it will not be given to you when you need it!

[@haroldvechina8300]

Good job Joe-ped!

[@spokanecedar8886]

I used a credit union. Great service every time. Prior was us bank. Absolutely terrible bank

[@foxmulder7616]

Legally it's not, once you deposit it, it's the banks.

[@Goodkidjr43]

Slavery was "legal".............

[@doreanabland1296]

It’s happening right here in the United States too! You can go to the drive thru and get your daily allowance but go in and you’ll find if you want a larger amount you’ll wait for them to bring it in. We have been ordering money for over a year! Drain your checking… WAKE UP! Remember gold used to be around $200/oz

[@dissy5563]

This is why I only keep enough in the bank to cover monthly expenses. Excess is turned into real money or food storage.

[@cogen651]

That doesn't matter in the USA. We just print up more money

[@cg5648]

Those days are over.

[@cogen651]

@cg5648 lol no, no, there not.

[@wh8085]

@@cogen651 . . . . Oh , yes they are ! or atleast very soon ! They have done it to doom the dollar and to crash the county ! There is a standing army in plain clothes just waiting on the order put their blue hats on to complete the deal ! Buy ammoa while you can !

[@user-ec5hh4qj6g]

Gold standard is back.. the world has woken up.. they rather have precious metal than printed fiat paper.

[@stefanonbekend8177]

​@@user-ec5hh4qj6gNobody trust the gold standard anymore after Nixon

[@alpha1481]

Canada did it during the ottawa protest. It happened already

[@TamiPami1968]

What bank was that?!

[@lkd06]

A Canadian bank but they didn't say which one

[@angelanelson2619]

Probably TD Bank

[@edwardadams7408]

A old man told me when I was young, Son you could see a day that all the gold in the world will not buy a loaf of bread. I thought the old man was crazy but today I understand what he was saying that there will be no bread to buy.

[@GeorgeSukFuk]

Can't we just print more bread or order that online

[@EroticOnion23]

Might as well say there's no air to breathe soon, good luck waiting lol

[@thewatchman6803]

Get your cash out a little at a time. Only keep enough in the bank to cover bills. CONSIDER YOURSELF WARNED!

[@shanna1518]

That's exactly what I do five bucks in it that's it...I go down to my local store and pay bills CASH..

[@CallingRavens88]

Becomes a human rights issue when people are denied rights to their money & therefore unable to provide for basic needs… Don’t even get me going if pets/animals are involved … These banks need to be sued🤬

[@user-rl3tn1uh3p]

At some point, people are going to actually get sick of banking and politicians. Then, and only then will things actually change.

[@cultleader3572]

Iam pulling my $10,000 out today not being last

[@eddiel5671]

😢

[@norman7179]

Good luck on that.......... Let us know how that went.

[@aone7640]

Wow they even says you better tell them what you are using if for and cannot say none of your business they get triggered

[@marcyking461]

You might want to keep it under $10,000.00 to avoiding reporting the withdrawal. It is amazing how powerful $1.00 can be when it comes to which side of the line you are on. Beam 'um at their own game.

[@googleuser868]

​@@aone7640Groceries and gasoline would pretty much cover it for most people.

[@elkmountain1114]

34 trillion in debt! And they wonder if we're broke?😂 😂 😂! Ya think !

[@davidwade9408]

I don’t have any money in the bank!! I used the last of it to pay for a MRI. 1600 dollars with health insurance. Someone with no job and on Mass health completely free. That’s what is wrong with this country.

[@lorigarza9971]

I think we all need to pull most of our money out of these banks.

[@donaldmartin4980]

Does anyone wonder what 35 trillion dollars would look like ?? One billion dollars weighs 22,000 pounds in $100 notes. Start loading freight train cars with 2 billion each… you will 17,500 train car loads of money to pay the debt… a train 183 miles long..

[@jayjohnson1169]

Yes! Because people allow it. People want convenience over privacy. No one wants to use cash anymore.

[@thotunewstildont5348]

And when the grid goes down, then what?🙄

[@obidenwhatajokeverysad5809]

F.j.b

[@dantheman6607]

My 401k loves him 😂 how’s Trump doing in court 😅 🖕

[@obidenwhatajokeverysad5809]

@@dantheman6607 funny you're the only one claiming that!

[@avdkmusic]

Already happening in Australia

[@SheltonVy]

Thanks for keeping us updated! I feel sympathy and empathy for our country. low income people are suffering to survive, and I appreciate Deborah. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.

[@matobama42]

I began investing in stocks and Def earlier this year, and it is the best choice l've ever made. My portfolio is rounding up to almost a million, and I have realized that when a stock makes it to the news. Chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.

[@EcklandEaring]

What opportunities are there in the market, and how do l profit from it?

[@SheltonVy]

You can make a lot of money from the market regardless of whether it strengthens or crashes. The key is to be well positioned.

[@issoufcoulibaly7221]

I would really like to know how this actually works.

[@SheltonVy]

All you need is a good capital, and the service of a professional broker, with those your investment will most certainly produce high yields.

[@LifeLifemoreAbundantly]

George Washington was definitely correct: " It is impossible to rightly govern a nation without God and the Bible." [US founder, George Washington]

[@jamesteichler1290]

So true

[@norman7179]

Best and easiest set of ground rules ever written, never been wrong.

[@GeFarr]

God doesn't exist . Hindu, bhuddist, Mormon. And the other hundreds of religions ....... WAKE UP gods always there when something good happens huh

[@outwestexplorer1966]

Everyone acts like the founding fathers were good Christian saints but they weren't. George Washington was a slave owner and was very rich from his plantations and his distilleries.

[@IOSALive]

Fox Business, This is so fun! I'm happy I found your channel!

[@checle4499]

Currently transferring payments to a contractor for work done on my house - limited to 2000 a day. Yes - this is US.

[@spokanecedar8886]

Transfer 8000.00 overseas to my bank there. Never had a problem 5 days ago

[@johnevans1969]

Screw banks

[@lindiasanders3948]

It's probably going to CRASH,just like 1930's in ONE DAY. But,it Had is lead up to that Day like Today.Great Depression 2 on its way.

[@barqu1636]

June 29, 2015 "The Greek government shut all banks in the country on June 29 after the European Central Bank capped emergency funding to the lenders. Cash withdrawals from ATMs are now limited to €60 a day (about US$67) for Greek citizens." Greece took the money to pay their debt.

[@coronabuster3611]

I'm sure Canadians and Canadian news agencies didn't think that could happen in Canada. If we don't stop borrowing money to give to other countries and start paying down our national debt our country is going to fall. We need a government that cares about the welfare of US citizens.

[@alfonsocastillo502]

You put money in the bank. It's not your money anymore. Better spend it before the bank does.

[@bondjovi4595]

If money vanishes. Federal Bureau's will then get involved. Especially, if the account holder sends them ledgers.

[@alfonsocastillo502]

@@bondjovi4595 money already vanishes when you put money in the bank. Fractional money is how they do it. Who gets involved when you can't get money out of your bank account? Because it's starting to happen and I don't see anyone stepping in.

[@zzzxxzzz3248]

Just wait untill they confiscate your gold !

[@stefanonbekend8177]

When the US default on the national debt, gold goes down. Confiscate for what? Nobody trust the gold standard anymore after Nixon.

[@goldienakamoto7894]

not so easy going door to door man

[@Salador1777]

Lol well the FDIC......Yes they can they've already been doing it. Putting cash IN your mattress was a real thing, phrase for a reason

[@Timjohnsonsurvives]

public servent here, worked in multiple public agencies, fire protection , city planning, and multiple municipalities im here to say this is absolutely true, in the next 30 years or sooner all these big cities will run completely out of money, they will surely ask for government bailouts. these cities already have unfunded liabilities ,they can't payout retirement checks, public sector like sanitation, police fire, water, and parks are all asking for raises and the budget just can't afford it. There's not enough tax revenue for the amount of inflation that is happening

[@Sportster2012]

Going tomorrow to pull out my million and a half. Im retiring

[@fu4616]

Me too. To he11 with the overdraft fees!

[@Mikey196601]

So if lost my job and had to depend on my savings for food and pay bills does that mean I starve and lose my house and car

[@shanna1518]

Yep pretty much...get it all out now a mattress is better than a bank..

[@Mikey196601]

@@shanna1518 , yeah but if I can’t pay my mortgage I won’t have a house which means no mattress, maybe I can stash it in the cardboard box I’ll be living in

[@shanna1518]

@@Mikey196601 yes that's true..maybe check into another way to pay I don't know I have not had a mortgage in years I own all mine it would be worth checking into tho...I really hope the best for you..

[@thotunewstildont5348]

That's the government's intention. Unaffordable food and housing. They want the car too because you might uber or rest in it. NO side hustles 🧠😔😡they're demonic.

[@JohnD-JohnD]

Been buying gold and Silver for the past few years.. just in case.. Turns out the value compared to the dollar has also risen pretty good as well, and they are still climbing in value.

[@MrZrazies]

Thats fine. I withdraw all of my money and left little in bank accounts. Government and scammers need to try harder to get my money. 😘😘

[@obidenwhatajokeverysad5809]

This is joe bidens world. Welcome to it.

[@paulmouer610]

I guess you missed the part where Trump racked up more debt than any president in history to give it to himself in tax cuts for the wealthy.

[@henryannis8752]

Just look at history, since the Federal Reserve inception America’s economy has faired far worse. The American economy has not only performed better, but recovered far sooner without government intervention. Have a great day.

[@norman7179]

END THE FEDERAL RESERVE AND WALK AWAY FROM THE DEBT ! TIME TO GET OFF THE ROBBERY TREADMILL !

[@waltergroover5282]

The question should be, "how are the banks getting away with this?" Pay attention to the articles regarding every major financial institution who are routinely stealing from their "customers".

[@eyelovecolorado2195]

Ehh.. it’s Canada. Powell will print more if we need it. Dont worry. 😂

[@cuongvu7700]

Thanks

[@LifeLifemoreAbundantly]

Haggai 2:8 “The silver is mine, and the gold is mine, saith the LORD of hosts.”

[@ohikana4970]

wasnt it 3:23?

[@Fidellio369]

Not Todayyyyyy - Cause it's CanaComiiiieeeeeeeee

[@curtissnow9546]

Charles killing it like always! Keep up the great work

[@rexroscoeroggaschjr7530]

I’ve noticed my long time bank, US bank, when make cash deposit through ATM, that amount now takes a one day for processing, even though balance shows current, available is lower. I’ve been pull almost all electronic deposits out in cash, and then add what I need to for payment dates for about 3 months.

[@patriciastaton6182]

Definitely keep our own money and take care of are people

[@LifeLifemoreAbundantly]

Luke 19:13 “And He called His ten servants, and delivered them ten pounds, and said unto them, Occupy till I come.”

[@fariborzchitsazzadeh7538]

This also happened to me in Canada.

[@therocknrollguitarlounge7057]

And that is why you should put your money into different things.

[@MezMediciMedia]

Canada has big problems banking. time to keep cash under bed or pillow

[@ericmendels]

A recession is currently the "most likely consequence for the economy," and I cannot fathom becoming a victim of circumstances, with inflation at a four-decade high. In two years, I plan to retire, and my target retirement fund is $967,000. How can I assure this? What steps can I take?

[@RichardMoore-jg5tl]

My money was almost wiped out entirely in 2008. I took out my money and invested it with my wife's wealth manager. I haven't caught up to her profits over the years, but I do earn more. Haha

[@FusunTumsavas-cq7tp]

This is great. I started investing with a wealth manager in 2020, too. I hated myself for a long time because I didn't know I could do that. Funny how I have quit my day job, because my profits cover for every living expense.

[@RossiPopa]

That's quite impressive! I could really benefit from the expertise of these advisors; my portfolio has been performing poorly. Who is guiding you?

[@FusunTumsavas-cq7tp]

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@RossiPopa]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@shanewinters3121]

They can very much do so...I wouldn't trust a bank with any amount right now.

[@therocknrollguitarlounge7057]

Invest into different things. Forget banks. You get shitty interest for keeping your money in there. Let’s show them who is in control of your own money

[@glennhopkins2643]

Clown Show

[@TheThugNasty]

But let’s send more money to Israel!

[@chrishardin7183]

What's the whole story? Is there more than we're seeing? Did he just deposit a check and it all hasn't cleared yet?

[@hindubiok1959]

why is he telling her all this? that's none of her business. no money, then cancel your account! - and report it to the police!

[@Boviathan]

2020 was the end and 2025 is the ending. That’s still not enough to get me to sign up for a Costco membership to buy a shiny rock.

[@rexroscoeroggaschjr7530]

So if your bank won’t give you cash, will they honor your online transactions, like bills, rent, electric etc.

[@user-nn1vk4rt8n]

Happened before

[@wlh52]

It would help if we had competent people that could actually do their job. Our government is a failure.

[@kmng3207]

Small banks will not be bailed... Back in February in an article - Group of investors are prepared to buy up the smaller banks as they fail. Fed has no interest in bailing out small banks

[@stefanonbekend8177]

Small banks can also do bail ins.

[@ritzoner11]

I went into us bank last week, client came in asking to withdrawal over 3k , bank denied him and said you can only withdraw 3k max for today, who knows what they will tell him next time he comes in.. wild just crazy

[@bradleyh1964]

Hello, they haven't stopped bailing the banks out they have, over the past year, continuously been bailing the banks out under cover.

[@stefanonbekend8177]

Yes you are right, they do it in secret, because of the election, and the war too keep the ponzi scheme going. But one day they will default on the national debt. Bank bail ins. Interest can go up.

[@titan4809]

Poof and it gone! This line is for people that have money with the bank.😂

[@rfborden4854]

The banks in the us already do this. They have minimal cash in them. I have to call a day ahead for withdrawals in excess of a few thousand.

[@StandorFall13]

Screw banks!! Dont have your money in them

[@Hannahbenowitz]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun...

[@beafoster747]

Even in this whirlwind, there are chances to be had, thus an increase in volatility is not always a bad thing. You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a professional

[@HildaBennet]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment..

[@PennyBergeron-os4ch]

Hi Mate, please how can i reach this CFA of yours?

[@HildaBennet]

I personally work with ‘’Sonya Lee Mitchell” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that

[@HildaBennet]

I personally work with ‘’Sonya Lee Mitchell” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that