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Originally posted by MemoryShock
Based in how our society is designed, a mass withdrawel would probably do more damage than good.....
A mass withdrawel could lead to a general loss of confidence in the market causing a snowball effect that would send Wall Street into an unpredictable flurry of activity and people rushing to get their money...and that is the extreme version.
Originally posted by Anonymous ATS
You are wrong. *Snip*
The difference will be that the people will have their dollars safe at home.
[Originally posted by Anonymous
Have you ever stopped to think that a 'depression' might be just what we need to get people back to the type of sound habits that made us prosperous in the first place?
Originally posted by MemoryShock
Based in how our society is designed, a mass withdrawel would probably do more damage than good.....
A mass withdrawel could lead to a general loss of confidence in the market causing a snowball effect that would send Wall Street into an unpredictable flurry of activity and people rushing to get their money...and that is the extreme version.
Originally posted by prevenge
my direct deposit is considered a "transfer" and i get 4 of those a month!
so i can only transfer my money twice a month? once every 15 days?
this is nuts!
and what more value is your money going to have out of the bank than in it?
might as well get gold coins man.