bank run – DS https://www.anglinarchive.com Daily Stormer Historical Archive Sun, 19 Mar 2023 00:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.17 https://www.anglinarchive.com/wp-content/uploads/2026/09/cropped-favicon-32x32.png bank run – DS https://www.anglinarchive.com 32 32 Is the Banking System Going to Collapse? (Spoiler: Yes, You Better Get Your Money Out Tonight) https://www.anglinarchive.com/2023/03/19/is-the-banking-system-going-to-collapse-spoiler-yes-you-better-get-your-money-out-tonight/ Sun, 19 Mar 2023 00:00:00 +0000

Americans are too fat for a bank run.

These slobs would get winded and pass out if there was a causal bank stroll.

— Andrew Anglin (@WorldWarWang) March 19, 2023

Is the banking system on the verge of collapse?

The short answer is “yeah” and the long answer is “yeah, I guess – Idk.”

I basically endorse all of the data in this tweet:

(You have to click to enlarge – it’s essay length.)

However, a liquidity crisis can be easily solved by the Fed, for now.

The comparison to Sam Bankman is funny, and truthful, but Bankman didn’t have the feds backing his Bahamas scam bank.

I’m not particularly interested in the analysis of the fed that doesn’t take into account the international order and the way the recklessness of the US government on the global stage is making the dollar irrelevant.

Right now, we have these two simultaneous crises happening – domestic and international.

If the Fed has to print a bunch of money in the case of a bank run, that’s going to speed up the international exit from the dollar which began with the anti-Russia sanctions, at which point you’re going to be looking at hyperinflation.

Being pretty tapped-in to how the “deep state” functions, I don’t really believe it’s possible that Jerome Powell was acting on his own when he decided to do these lunatic rate hikes while citing the 1980s, like “it’s just like the 1980s, breh.” Portraying him as both a rogue actor and a moron does not make sense to me. This is all stuff that is planned by high-level international councils – or at least, you would certainly assume that is the case. It used to be the case.

If Powell had taken such an unhinged course on his own, he would have been fired and the policies reversed. What that means is that there was some type of plan at work here to harm the US economy. The basic explanation for that is that the goal of the rate hikes was not related to inflation – which is nonsensical to anyone other than a middle schooler who just learned about Keynesian theory – but rather a desire to wreck the market on purpose.

This thing where Powell would refuse to say what the rates were going to be, and just surprise people – this is cartoonish. He pops out like a wizard and opens a mystery box every month? Why??? No one can explain that and apparently, people think it’s normal because the media acted like it was normal.

The goal would have been to lower the price of everything so that BlackRock et al could come in and buy everything up with a credit line from the feds as part of this “neo-communism” or “public-private communism” thing they are doing where no one owns anything because BlackRock owns everything.

However, what it now looks like is that the backlash from the Russia situation and its fallout – including almost unbelievable, unforeseen events, like the Chinese brokering a surprise peace deal between Saudi and Iran – was something that was not in the scope of the people planning US domestic banking policy. It now looks as though the collapse of Silicon Valley, and this looming threat of a liquidity crisis (as a result of the events mentioned in the tweet, but also the things happening internationally), has been a wake-up call that this could all spin out of control very quickly, and these people are going to try to dial it back.

That could mean Powell is fired and they remove these rates, which would presumably fix everything for the time being.

From the point of the coronavirus money printing mania, the only thing that made sense was to allow inflation to just keep happening and then eventually reset the dollar. Most people benefit from inflation. The only people that don’t are the poor, and they are all government dependents anyway. Obviously it’s not ideal, and as a Bitcoin extremist, I agree with the libertarians about the whole “sound money” thing. I’m simply talking about the situation as it stood last year, following that virus hoax fiasco. There was no threat of hyperinflation until they started messing with the rates, and now that threat is real. As long as the market is strong – which it will be, if you keep inflating the currency and keep low interest rates – then you can just ride it out indefinitely. In a fiat system, wealth is kept in property, not money, so the denomination on a bill is pretty much just aesthetic (and again, poor people and morons who save money lose, but who cares? If you don’t own property in the current year, you’re a parasite anyway).

Anyway, predicting a collapse is a trendy thing to do, and it probably won’t happen. Libertarians and crypto people are constantly preaching a coming apocalypse.

They are also likely trying to purposefully induce a bank run to pump crypto and trigger the collapse of the dollar (which is awesome and hilarious).

A bank run it itself wouldn’t cause hyperinflation. The feds would just lock people’s bank accounts and assure them they’ll get their money eventually. Probably. I think.

If the fed backs off the interest rates, we go back to last year, and stocks, real estate, and crypto remain the stores of value until something else happens (presumably on the international front, with the dollar losing its primacy as reserve currency).

What you need to do though is go right now and get all of your cash out of the bank and put it in Bitcoin on a private wallet that you have the keys to. Do that immediately. This can’t wait til Monday, because on Monday, all of your cash will be worthless, because the feds are going to do hyperinflation.

The only solution is to put all of your money in Bitcoin. Get it out of the bank immediately, before the mob…!

I’m just joking. I mean, I’m not really even joking. But this is not a financial advice site. There’s a good chance that Bitcoin would not fare well in one of these apocalypse scenarios anyway. The Bitcoin people are presenting a very specific series of events, which would lead to an explosion of Bitcoin, but there are a lot of other directions this could go in. In particular, the claim that a bank run would immediately lead to hyperinflation is wrong. The feds locked you in your house over a fake pandemic, they can tell you you can’t have your money out of the bank. No one will do anything.

So, this assumption that the feds will have to produce your cash is just wrong, and if they don’t have to produce it, they don’t have to print it, so they don’t trigger a hyperinflation scenario, and instead of the dollar collapsing, everything else collapses.

These people keep saying “capital control cause hyperinflation” and that is like, not even true at all. Every time there is hyperinflation in a country there are capital controls because the government is trying to stop the hyperinflation. Americans won’t riot because they are fat and gay, so there is no reason to believe that telling people they just have to wait to get their money wouldn’t be met with “oh okay, sure, I can do that, daddy government.”

The other thing is: if the dollar were to hyperinflate, so would every other currency (other than, conveniently, Bitcoin). But you would not have the classic scenario where people are attempting to grab foreign currency as a result of capital controls. A lot of these Bitcoin people don’t seem to be aware that capital controls have worked in the past to prevent hyperinflation. Malaysia did it in 1997 and Iceland did it in 2008.

Max Keiser is saying there is a 30% chance of a total disaster on Monday. They predicted this last weekend and nothing happened. Maybe it will happen this week. Who knows.

I kinda doubt it.

But hey – I don’t know. I’m just some guy on the internet who makes edgy jokes.

]]> Bronze Age Warlord Mike Lindell Banned from Canada https://www.anglinarchive.com/2022/02/17/bronze-age-warlord-mike-lindell-banned-from-canada/ Thu, 17 Feb 2022 00:00:00 +0000

My Pillow founder Mike Lindell was planning on riding into Canada like Ghengis Khan and turning the trucker convoy into his own “Golden Horde” and using it to bring down the entire society of Canada through rape and pillaging.

Thankfully, the brave Canadians stood up for the values of our democracy and denied him entry.

Democracy is always mere inches away from one fascist white supremacist with a Confederate flag leading a rape rampage and destroying the entire global order.

National Post:

My Pillow CEO and staunch Donald Trump supporter Mike Lindell, as well as a truck full of “10,000 pillows,” were denied entry into Canada Tuesday evening while trying to join Ottawa Freedom Convoy protesters, National Post has learned.

A senior government source said that Lindell, as well an accompanying videographer, were intercepted at the Port Huron-Sarnia border crossing on Tuesday evening as they were enroute to Ottawa to distribute “pillows and Bibles” to convoy protestors.

On the same day, a My Pillow truck carrying “over 10,000 pillows,” including 1,000 “Bible pillows” destined for the truckers’ children was also intercepted trying to cross the border through the Ambassador Bridge leading to Windsor, ON.

The last thing Canada needs is more Bibles.

Canada is a democracy.

We believe in trannies, racial equality, and the permanent nature of the borders of the Ukraine, not some flying spaghetti monster claptrap from a dusty old book of unfounded superstitions.

They don’t need these violent, fringe pillows either.

Canadians sleep soundly on democracy pillows.

Canada is Really Nuts Though

This other stuff coming out of Canada is wild.

It is full on martial law, only Justin Castro is no Fidel. He doesn’t seem to be able to handle this kind of situation.

They started freezing people’s bank accounts for any minor political infringement, and they’ve created a run on the banks.

Or, an attempted run on the banks. They’re apparently just freezing everyone’s money in order to prevent a run on the banks.

They’re saying you can’t withdraw money unless you can confirm it won’t be used to support the truckers.

This is while they’re saying that anyone who ever held a belief that disagrees with Justin Trudeau should “be worried.”

These are not the “we’re coming for you so you should be afraid” type of people.

You ain’t no Stalin, bruv.

Josef Stalin says “be afraid – we’re coming for you” and I’m gonna be like “yikes.”

These people say it and you’re just like “lol, shut up, faggot.”

But they do have the same power as Stalin – actually, significantly more, in theory. They just can’t possibly wield it, because they are not strongmen with a will to power.

The government is also firing anyone who donated to the convoy – with all of these donations now public, because someone quite conveniently hacked GiveSendGo and made all of the documents public.

The Washington Post, among other state media outlets in America, published the names from the hack and started emailing them and harassing them to ask why they are trying to destroy democracy.

They successfully shut down one donor’s coffee shop.

So that’s weird.

Kinda reeks of desperation, frankly.

For whatever reason, Ilhan Omar actually called out the Antifa journalists doing this to people.

I doubt she’s really taking a principled stance – she probably just noticed all of the Jew names on the bylines and was like “you know what? Heck it.”

Good enough for me!

Hail Ilhan!

Canada is also saying that they are going to “crack down on crypto,” though they haven’t explained how that is possible.

A Bitcoin transaction can’t be blocked. It can be traced, sometimes, but it can’t be blocked. They can keep people from turning it into cash though. And if you can’t access a bank anyway, then it definitely gets complicated.

If I was on Local Bitcoins in Canada, I’d be doing IRL cash meet-ups at a 50% surcharge.

Except that I probably wouldn’t do that because I would presumably get thrown in prison for the rest of my life after being tracked down by Canadian intelligence, which along with American intelligence, has been let loose on the Truckers for Freedom.

Because that’s how you protect democracy, folks.

Democracy is as fragile as a premature infant or a wet tissue, and it must be defended with cruel brutality. If you refuse to use the ultimate weapons available to you to defend democracy, then you lose your democracy – and then who will control you? Who will make your medical decisions for you? Who will decide how you are allowed to use your money?

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