RE:O.T. - Tips on living under US currency conrtols.R_J_ wrote: I drove down to the bank at the bottom of the hill last week.
Its doors were closed, due to Wuhan, but the drive through was still open.
I had called to have them meet me at the door to let me in, but they said no.
The manager seemed away.
With the hundreds of thousands dollars deposited, shouldn’t I expect to be treated special?
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There has been much scuttlebutt going around that we may be forced into a digital currency soon.
Harvard University published a paper to do away with the hundred-dollar bill, probably the first step. IHMO, this is simply evil.
Therefor, I accumulate stacks US$50 bills rather than $100 bills.
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Anyway, I had not been to the bank in six months, partly due to the Wuhan shutdown.
I had 13 large checks stacked up, and some were about to expire, several had already expired.
I was also a little spoofed that a ‘Bank Holiday’ may be on the horizon and I should get some cash out while I still could.
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Actually we are under currency controls.
An US$10,000 movement requires the bank to file a treasury report.
Actually, it is quite difficult for me to move my money.
I try to keep it under US$5,000 to keep it under the radar.
Actually it is dangerous to do this, as you could be charged with ‘structuring’.
‘Structuring’ is when you make multiple transaction to accomplish an US$10,000 movement to avoid a treasury report. The fine for doing this is US$10,000 and ten years in prison.
The state does not consider avoiding currency controls as trivial as tearing down a statue of Gorge Washington.
Likewise is the fine for crossing a border with US$10,000 without permission from the treasury.
Actually, if you drive down the road with US$10,000 in your car, it can be confiscated, ‘Civil Asset Forfeiture’. To get it back, you have to prove that you have been involved in a crime, or prove that there is not an invisible pink elephant in the room.
This action, crime, is a fun slush fund for our sociopathic criminal police forces.
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I have mentioned before that it is difficult to me to move capital around.
It could take a year to engineer moving it from one place to another without alerting the Treasury.
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So I went to the bank’s drive-through window to make a deposit and ask for a wrapper of fifty dollar bills as the cash back portion. That is 100 fifty-dollar bills [$5,000] in a tight wrapper.
I expected them to make me jump through hoops, but it just came to me through the pneumatic tube.
Thankfully there were three stations in the drive through, I wanted to count the money to see if it was all there. But I loved that wrapper, it was so cool.
It was very difficult to count a hundred bills through that tight wrapper.
The bills trended to stick together, I tried several times.
I finally, sadly, gave up and removed them from the wrapper and counted out ten piles of ten bills on the dashboard.
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The reason that I am posting this, is to share a trick that I discovered.
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If you put the hundred bills in a neat stack, and fold them in half, lengthwise, they will go back into the wrapper.
You can save yourself a lot of trouble by doing this.
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The wrapper looks just as crisp and neat as before the bills were taken out.
I was so happy. The wrapper is currently under my pillow.
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Next month, I will make another deposit transaction and do this again.
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RJ
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RJ
I am trying to visualize this. :)
You take the 100 bills out of the wrapper. I guess cutting carefully one side
of the length long wrapper and lift up the cut rectengal flap and wiggle the
100 $50 bills out very carefully, as not to break the wrapper.
So after counting them, don't you just have to pack them tightly again and
wiggle them back in, and not fold the bills in half first, whether lengthwise or
widthwise, before wiggling them back into the wrapper?
I know the visual is not as important as slowly getting all the money out of the
bank and putting it somewhere safe, out of harms way from a bank holiday
or worse bank failure, of your money.
I'm more concerned in having a form of currency (gold, silver, cryptocurrency,
mining stocks etc) held in a safe place outside a bank. That will go up greatly
as the paper/digital currency is devalued greatly and uses up the paper/digital
currency much quicker than one attended for it, whether keep it in a bank or a
protected place outside a bank.
As an aside, maybe every 3 months earth time, in the afterlife there are heavenly
oscar like awards for our roles we played in this reality, good, bad and in between.
That really have nothing to do with free will, though seem like it, but assignment
karma roles. So no one has to feel guilty about how they were like in this reality.
Sill it is hard to know what we do for all eternity from either the 2 main religions of
(1) many lesser shamans, religion, up to 2 or so percent of the population, or
(2) the other religion of one great shaman figure only of the great state religions,
maybe a dozen of them left now. Both of which aren't very clear on the matter
except for sweeping generalizations.
Do we live in (a) an existence finally that, has meanings, activities and setup
(whatever they are) that satisfies always?
or
(b) back and forth between restpits in heaven, and new karma roles in this reality,
for all eternity - the neverending story as it were?
I prefer (a). :)
Note that gold's price based on the new runaway debt of the depression we are
in, is negative again, after starting off positive after the market close yesterday.
Yet based on the same runaway debt making of the depression we are in, the
regular stock markets are up to pre-depression levels.
Very strange how runaway debt in a depression benefits gold very restrictively
and benefits the stock markets very freely and excessively.
It should be the other way around if we didn't have a communist gov't in place
(whether democrat or repubican) instead of a republic/democratic gov't in
place, rising gold greatly and stock markets down greatly.