Post by
R_J_ on Aug 26, 2020 3:17am
O.T. - Tips on living under US currency conrtols.
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
Comment by
Goldbug52 on Aug 26, 2020 3:44am
I really don't know why I found your short story so fascinating but I did RJ. I agree, the government is diabolical.
Comment by
MackJicholson on Aug 26, 2020 7:25am
Morons are easily fascinated 52. I bet you signed up for the class action. Mack the knife
Comment by
MackJicholson on Aug 26, 2020 7:49am
I have no problem moving $10000 and much more around RJ. And dont care if Rev Can looks into it because Im legit. So your gains I assume are ill gotten. Under the table black money. So my guess is that you are a drug pusher. To each his own. Mack not impressed though
Comment by
Harmonika on Aug 28, 2020 7:16am
Its all trash RJ. Stick to gold. H
Comment by
Harmoniica on Sep 03, 2020 1:38pm
Knock yourself out RJ. I will stick to gold. H
Comment by
Harmoniica on Sep 03, 2020 2:37pm
Weed, mushrooms, not good for the brain eh. Bonnie wont want you if youre brain dead. Stick to gold. H
Comment by
Goldbug52 on Sep 03, 2020 3:01pm
Booze not good for the brain either! With your history of boozing, you've probably killed off 99% of your brain cells already! Undoubtedly TA is still with you cause of all that money you probably inherited :-))!
Comment by
Harmoniica on Sep 03, 2020 3:14pm
Even with 99% killed off Im still smarter than you though toad:) H
Comment by
Harmoniica on Sep 03, 2020 3:19pm
Pops is still shuffling about btw. I have him mostly in treasuries. Yes, hes loaded. Sorry. H
Comment by
peep2 on Sep 06, 2020 2:03am
DOP (dissapearing onject phenomena) is very real and I had a series of it too a few years ago https://duckduckgo.com/?q=DOP+-+disappearing+object+phenomena&t=vivaldi&ia=web