If WW3 breaks out

Hello there...

I don't really want to type out too much but just wanted opinions on what happens to our Money in the banks if and when a war breaks out, which is looking pretty likely at present. A war in our Country I mean or we are forced to fight in a war??

What happens to the Banks (If you have cash in there)??

What happens if the ATM's can no longer function due to severe attacks on the Infrastructure?

Will we still have our cash waiting for us if the Banks close and ATM's no longer work??

Do the Banks take our Cash?? I read about what happened during WW2. People lost their cash and were given a pittance once the war ended. How is this fair? If true.

Should we take copies of what we have in our accounts, so we can claim it back if what I say above happens? Would we get it back?

Would it be best to take our cash out now and hold it ourselves? I think this could be wise in case WW3 breaks out.

Please only reply with truthful answers or replies you think could happen. This is a serious concern.

a reply to: xWorldxGonexMadx

Breaks out with whom?

Most of the world is already at war, it seems- WW3 has been ongoing for some time, and the US just is (once again) pretending it doesn't directly involve us, just like WW2.

As for money- since it's all FIAT currency backed by hopes dreams and oil, it's hard to say- but the banks aren't a great place to start. A couple of well placed attacks on US infrastructure and anything in the banks is gone. That money isn't backed by physical cash or gold, so I wouldn't expect it to come back.

If you can afford it, I'd say it's worth keeping a stash of cash in your home- IF everyone loses all of their money at once, your cash will still be worth something to people who suddenly realize they don't have any... at least until the food gets scarce and barter becomes the way of things.

Personally, I keep cash, silver, ammo, fuel, and food. Not a huge amount of any of it, just more of all of it than the average person does. If the infrastructure all goes kaput, there's going to be a lot of hungry, confused, dangerously unprepared people out there looking to take what they need to survive.
If the infrastructure goes down nation wide, Aid won't come to them and things will get VERY bad in the first two weeks- after that, the mass starvation begins. If we reach that point, your money is worthless.

a reply to: xWorldxGonexMadx

Money in banks. LoL

The majority of its all 1 and 0 floating about server farms these days.

Then there is the fact that they lend 90% on the dollar, aka fractional reserve banking.

And hence the reason when they fail, and the poor sods queue up for what they think is deposited in their accounts, it ain't bloody happening.

a reply to: lordcomac

Thanks for the reply.

I am in the UK, so my questions apply to Worldwide really and yes it does seem WW3 is underway...

If Russian troops invade Poland or one of the other Countries on the border... then NATO have to get more involved.

I had thought Cash could become worthless but what if the same system comes back, after the war?? If you had cash in the bank, would we recieve that cash back? Assuming we kept our own records as proof that is

originally posted by: andy06shake
a reply to: xWorldxGonexMadx

Money in banks. LoL

The majority of its all 1 and 0 floating about server farms these days.

Hence the reason when they fail and people queue up for what they think is deposited in their accounts, it aint bloody happening.

It is all 1's and 0's but what can we do??

originally posted by: Astyanax
a reply to: xWorldxGonexMadx

Breaks out with whom?

Do you not watch the news or read online??

Things are moving pretty fast into an all out war...

Not sure it can be stopped... or who can prevent it from spreading further...

We do need a new system... a fairer one but what happens to our cash?? Thats the main question here

a reply to: xWorldxGonexMadx

If this is a real concern of yours, then diversification is what you need. Do you own physical gold? If not, why? Do you have more than $250K in one bank? If so, you are already quite the risk taker. I'm lucky, I don't have any money. But for those that do, remember what my Grandma used to say, "Don't put all your eggs in one basket".

a reply to: xWorldxGonexMadx
Its looking like bottlecaps instead of cash after the next war.

a reply to: lordcomac

Most of the world is already at war, it seems- WW3 has been ongoing for some time, and the US just is (once again) pretending it doesn't directly involve us, just like WW2.

I think that's correct , saw an interview with a chap a few years ago who said he believed if WWIII did happen it would be a slow burner , can't remember who he was but that stuck with me and seems to be how it's going.

Like with the Spanish Inquisition nobody expects WWIII but when it comes it will be nasty , all we can do is hope it doesn't happen and a little sanity returns to the World , a forlorn hope perhaps but it's all we have.

a reply to: xWorldxGonexMadx

Once you put it in a bank.

Not much really.

Try taking more than a few thousand ££££/$$$$ out an account and they want to know why and for what purpose.

It's part of the system once it's in the bank, not that money is not already.

You can spend it and use it as you see fit, as long as you have the funds, but try and get it back from them in the form of large sums of paper(more like plastic now) money, and it's a bit like pulling teeth.

What can you do?

Well, money won't really matter much if the nukes fly and the infrastructure collapses.

You would be better off with clean water, dried foods, and weapons/ammunition.

originally posted by: xWorldxGonexMadx


We do need a new system... a fairer one but what happens to our cash?? Thats the main question here

that's totally different than what you asked in the OP.

When the grid goes down, and we come into two weeks with no power, money won't be a concern anymore. Survival will be. I read a great book on just that topic and in it, the reserve currency turned out to be .22lr bullets. Plan accordingly.

a reply to: xWorldxGonexMadx

If you had cash in the bank, would we recieve that cash back? Assuming we kept our own records as proof that is

Depends on the severity of the war I guess , if we see mass destruction and societal collapse money will be worthless whether it's in the bank or not , barter will be the name of the game.

a reply to: xWorldxGonexMadx

Do you not watch the news or read online??

Of course I do. Which countries do you expect to see going to war with each other? There are some wars going on, Russia-Ukraine being the biggest, but nothing that looks remotely like a world war.

a reply to: Astyanax

Which countries do you expect to see going to war with each other?

With the turmoil we are seeing now it would seem an ideal time for Mr Xi to make good his promise that Taiwan would be Chinese again , voices inside the US are calling for retaliation against Iran for the killing of their servicemen , I doubt that will happen but who knows.

a reply to: xWorldxGonexMadx
It's not your money, all money is property of Federal Reserve. The entire monetary system is a giant loan from Federal Reserve, and just like when you loan a tool to a friend, you still own the tool while your friend has possession of it. So yes, they can take it back whenever they want because the money is theirs anyway. Just because you have possession of it doesn't make it yours.

It is not in Federal Reserve's interest to collect all of it back or take it from you and break down the system. They need this system to stay in place to keep their control. Federal Reserve's system is largely arbitrary with no real natural resources or industry for it to operate other than the bank branches and employees across the country. From Federal Reserve's perspective, debt numbers are largely arbitrary, they need to keep the system balanced and fungible so it doesn't get tossed out by a pissed off society.

a reply to: lordcomac

The US Federal Funds Reserve Rate has been at 0% since March of 2020.

Meaning that banks are no longer required to keep any deposits on hand at all.

I tried to find out what the average rate has been historically last year, but couldn't find anything anything useful.

If this turns into WW111 and we get dragged into it, it will cause a lot of change in society, even if nuclear warfare is not used. We are stocked up with some food, which will help. We are aware that the money in banks can become unavailable for a while. We have very little debt, so if the economy dives, we won't have to worry about losing our house or anything, Many people have money in stocks which can become almost worthless, and money in savings accounts. That money can drop way in value and disappear but your mortgage and car loan will still need to be paid or they can take them.

Credit card debt now can be tacked to your home deed, in que so if you go to sell it the money can be collected. It is supposed to be unsecured credit, but that is not the case anymore. They put the debt through the court system and allow it to be secured, that changed maybe six to ten years ago. The credit card companies are doing that now too, they change unsecured debt to secured debt through our legal system....the vast majority of people these days do not know that changed.

So your savings can disappear but your debt doesn't. Also they can also come after inheritances you get in the future if those companies work it right, your parents house with no mortgage can wind up costing you more than you can afford if things go bad.

It appears that we are being set up to make us turn to something like socialism, where the government takes what we own to pay for the failing economy....we will have nothing and be happy.

Knowing there are some really intelligent people in the governments major think tanks, makes me a little conspiracy minded about what they are planning. There are multiple paths they can take with their desire to control us more securely. I know that this whole WW111 script and the present wars can be part of something planned but there are multiple options as to which way they plan to take us, all which are not good for anyone around this area. The liberals and progressives fighting for this do not understand, first of all, they will also lose lots, and under the system, all of the people who are apt to cause a turmoil will need to be silenced permanently, stuck away in a reprogramming facility. The liberals will be incarcerated that fought to have the change, being deceived by those who want power over everyone.

Keep some money out OP, stock up on some essentials you will need, at least three months worth which can be done by having a rotating pantry of non-parishable foods like canned goods, and some dried foods. Try to pay down your debt, your money will disappear but your debt will not...you will lose what you have already mostly paid for.

originally posted by: watchitburn
a reply to: lordcomac

The US Federal Funds Reserve Rate has been at 0% since March of 2020.

Meaning that banks are no longer required to keep any deposits on hand at all.

I tried to find out what the average rate has been historically last year, but couldn't find anything anything useful.

the FDIC still insured the first $250K right?

a reply to: xWorldxGonexMadx

What you’re asking is why there will be a push for Central Bank Digital Currencies, and also why the US is resisting regulating crypto.

In my opinion the coming collapse is to push us into CBDC’s which place us more reliant on the system, and more controlling. Decentralized cryptos is a thorn in this plan.

If you are worried about your money you could store it in precious metals, but historically the Government has confiscated those too. Another place to store your wealth is buying land, but don’t forget those yearly land taxes. You cannot pay those without funds.

And no, the banks don’t have our cash. It’s mostly digital now.

This all feels on purpose doesn’t it?

The digital world where you’ll own nothing and be happy. We are half way there since many of us do not even own physical copies of music or games anymore. Do you see what they did there? It’s been the plan for awhile.