Citigroup Warns Customers It May Refuse To Allow Withdrawals, page 6

reply to post by downisreallyup

I am new to the board. I only created a log in to reply to this post.
Your discussions are great.
You are missing a key point.
What is money?
This post was on point on what had to be on deposit for banks at any given time.
Your idea of what that deposit 'consists' of is what has limited your understanding.
I make a withdrawal from my bank and I am 'required' to give them advanced notice
of my withdrawal. I'm not a business, I'm a consumer.
Why? Because my withdrawal affects that delicate balance they must maintain.
Where would 'real money' be kept?
What are FRNs (Federal Reserve Notes)?
What is the value of any FRN?
What is 'Legal Tender'? ie. What is 'Lawful Money'?
What is specie?
If Citigroup wanted to get rid of something that was worthless the best they
could do would be to post a notice such as that, to get the consumer to rush
and have as many of that worthless paper in their hands and not in
Citigroup's balance sheet. If an unknowing person runs and grabs paper...and
finds out the paper has no value, who has the last laugh..do not be deceived.
Read between the lines for what they aren't telling you. The best thing a
person can do is pull it from under their mattress and put as much of it back
on their books before the end of their fiscal year which is March 31st...their
books will be off with all that worthless paper on deposit and the fed window
not available to give 'them' the hard currency they need to cover what they
are holding.
The US Mint coins money...Guess where the coins are? In a drawer? I don't think
so. Paper is in a drawer. Paper is what they offer everytime you go. I stood
next to a guy, he cashes a check. The teller asks..so how would you like it,
in $20's and he smiles and says yes...she pushes a button the machine spits
out several of them.
I withdraw $25 dollars. I ask for it in a roll of dollar coins. The teller
says, I'll be right back. I have to go to the vault to retrieve it. We've
been circulating worthless paper and complaining about the Fed. You fuss about
the drug dealer and hand their drugs to other people and businesses. Why
haven't we really awaken and spent the money the United States creates...why
haven't we spent money from our own Mint? The reason we got into this mess is
the people didn't want to carry those 'oh so heavy' gold and silver coins and
paper was soooo convenient and easy to carry...well we see what that did for
us and our children...and when I tell people the first thing they say is how
heavy coins are. They try to give you a clue..the coins are even in Gold and
Silver colors...OMG! A fire around your mattress and tell me how much paper
money you have...what are the chances a fire will destroy your hard currency.
Wipe it off, it'll spend.

Divided we fall. Whatever happens. Now is the time "to be" your brother's
keeper. Strengthen your neighborhood by sharing and caring. If everyone pools
their resources that will give you time to figure out how to manage anything,
but everyone is separate and hoarding what they have, you will play in the
hands of the powers-that-"want"-to-be and fall like dominoes..There is a
'New World' coming when we wake up...it's not a NWO...They added the 'Order'
to scare you. Divided will leave the lhe last one standing who had more than
everyone else, but then has no one to protect them from the last one
standing in another neighborhood. Don't be like that.
We will go through this together...bring your communities together when the
bankers have to ultimately deal with the mess they created. Give them all
that worthless paper back!
We don't need any more enemies..bond with the people in your neighborhood;
There will be people planted to post things to keep you from discovering the truth.

Don't hear the truth, "Feel" the TRUTH.

Light and Love
Another one of You