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AR15.COM
8/20/2026 9:32:29 AM EDT
This is perhaps an issue not enough people have given enough thought to:

The Specter Of 'Economic Death' Looms Over All Of Us In Late-Stage Surveillance Capitalism

I used to think the whole “debanking” panic was overblown. I really did. I’d roll my eyes at the Twitter threads and the think-pieces about how we’re all living in some dystopian soft-censorship nightmare. I’m a reasonable person, you know? I vote, I pay my taxes, I have a 401k that I check maybe twice a year when I’m feeling particularly masochistic. I thought the people screaming about being deplatformed or debanked were probably extremists, probably saying genuinely horrible stuff that any reasonable company would want to distance themselves from.

I was wrong about all of it
View Quote


You need a bank account to get paid. You need a bank account to pay rent. You need a bank account to buy food, to access credit, to function in the modern economy. When that gets taken away, it doesn’t matter what rights you have on paper because you’re locked out of the systems that make those rights meaningful. And when the decision to exclude you is made by algorithms acting on criteria that are proprietary and secret, when you have no right to know who accused you or why, when the burden is on you to prove you’re not a bad person rather than on them to prove you are, that’s not freedom. That’s just a more sophisticated form of control.
View Quote


Now I know that the system works for whoever controls the algorithms, and the rest of us are just living at the mercy of their judgment. And that’s no way to live at all.
View Quote


Some of the author's solutions:

I’ve opened accounts at two different banks, trying to diversify my risk like I’m a portfolio instead of a person. My wife and I have talked about keeping more of our savings in physical assets, which feels paranoid until you remember that paranoia is just pattern recognition in people who’ve been burned before.
View Quote


No doubt I have different banks and physical assets too.
per aspera ad astra
8/20/2026 9:41:02 AM EDT
[#1]
Sounds like a good reason to keep some physical precious metals on-hand.
8/20/2026 10:45:54 AM EDT
[#2]
I have this posted on my YouTube channel ( no videos).

Get out of debt.
Cut expenses to bare minimum.
Sell unneeded items for cash.
Work O.T./extra job/side hustle.
Don't buy stupid stuff. Needs, not wants.
Acquire REAL assets, think barter.
Kick those bad habits.
Get healthy.
Fix/do it yourself.
Dont keep excess dollars in the bank- " bank bail-ins".
Have an emergency fund, in cash, at home.
Think about security, get training.
Stay alert/observant. Play the "what if"game
Have backup plans , Plan B, C-Z etc.
Have valuable skills.
Have min.3-6 months food, meds & supplies.
Plant a garden, raise chickens & rabbits.


Sleep well at night.
8/20/2026 11:12:30 AM EDT
[#3]
Quote History
Originally Posted By Pointman91:
I have this posted on my YouTube channel ( no videos).

Get out of debt.
Cut expenses to bare minimum.
Sell unneeded items for cash.
Work O.T./extra job/side hustle.
Don't buy stupid stuff. Needs, not wants.
Acquire REAL assets, think barter.
Kick those bad habits.
Get healthy.
Fix/do it yourself.
Dont keep excess dollars in the bank- " bank bail-ins".
Have an emergency fund, in cash, at home.
Think about security, get training.
Stay alert/observant. Play the "what if"game
Have backup plans , Plan B, C-Z etc.
Have valuable skills.
Have min.3-6 months food, meds & supplies.
Plant a garden, raise chickens & rabbits.


Sleep well at night.
View Quote
We've done, or are working on most of that.  Zero debt was a big thing.  We have cash on hand at home.  Definitely need to sell/get rid of extra crap at home, but not the ammo fort.  That's security/barter.
Award: 24/365 Most likely to be an appendix.

"Dealing with Congress is like trying to have an adult conversation about the credit card with your alcoholic bi-polar Ukranian import wife."
8/20/2026 11:21:45 AM EDT
[#4]
Quote History
Originally Posted By Pointman91:
I have this posted on my YouTube channel ( no videos).

...
Fix/do it yourself.

View Quote


Indeed.  Using Youtube and ChatGPT can save you a lot of money doing repairs yourself.
per aspera ad astra
8/20/2026 11:29:01 AM EDT
[#5]
Quote History
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.
View Quote

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.
8/20/2026 11:30:09 AM EDT
[#6]
Quote History
Originally Posted By Pointman91:
I have this posted on my YouTube channel ( no videos).

Get out of debt.
Cut expenses to bare minimum.
Sell unneeded items for cash.
Work O.T./extra job/side hustle.
Don't buy stupid stuff. Needs, not wants.
Acquire REAL assets, think barter.
Kick those bad habits.
Get healthy.
Fix/do it yourself.
Dont keep excess dollars in the bank- " bank bail-ins".
Have an emergency fund, in cash, at home.
Think about security, get training.
Stay alert/observant. Play the "what if"game
Have backup plans , Plan B, C-Z etc.
Have valuable skills.
Have min.3-6 months food, meds & supplies.
Plant a garden, raise chickens & rabbits.


Sleep well at night.
View Quote


So where am I supposed to keep my “excess dollars”?
8/20/2026 11:36:41 AM EDT
[#7]
Quote History
Originally Posted By hammer1995:


So where am I supposed to keep my “excess dollars”?
View Quote


Dollars are losing purchasing power every day, acquire assets.
8/20/2026 11:39:40 AM EDT
[#8]
Quote History
Originally Posted By Pointman91:


Dollars are losing purchasing power every day, acquire assets.
View Quote


What type of assets?
8/20/2026 11:43:09 AM EDT
[Last Edit: R_S][Edited] [#9]
Quote History
Originally Posted By hammer1995:

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By hammer1995:
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.


Going to strongly disagree with Larry's propaganda.

On August 15, 1971 when President Richard Nixon suspended the U.S. dollar's convertibility into gold for foreign governments and central banks gold was officially $35/oz with a market value of $43/oz.  Today Gold is $4,526.68/oz and officially the Dollar from 1971 → 2026 saw a ~88% decline

The fiat dollar had a 99% decline in terms of Gold since August 15, 1971

On April 5, 1933: FDR's Executive Order 6102 required most Americans to surrender monetary gold to the government.  Gold was $20/oz.  Since that time the Dollar officially lost 96.2%.

The fiat dollar has lost more than 99.5% in terms of Gold since April 5, 1933

That is clearly an inflation hedge.

What Has Government Done to Our Money? explains the details.
per aspera ad astra
8/20/2026 11:46:34 AM EDT
[#10]
Quote History
Originally Posted By hammer1995:


What type of assets?
View Quote


Take your pick-

PM's
Bitcon ( not a typo)
Real Estate ( but property taxes)
Weapons/gear/ammo

Whatever you think will preserve your wealth if the dollar goes to near zero.

However IMO,  if you are not debt free, or do not have an emergency fund, you do not have " excess " dollars.
8/20/2026 11:56:13 AM EDT
[#11]
ChatGPT indicates there are 2,000 to 4,000 dedicated gold/precious-metal dealers and gold-buying businesses in the US.  Adding in Jewelry stores and Pawn shops the total is probably over 10,000.

Gold isn't the same as cash, but it's liquid.
per aspera ad astra
8/20/2026 12:10:07 PM EDT
[Last Edit: R_S][Edited] [#12]
Quote History
Originally Posted By Pointman91:


Take your pick-

PM's
Bitcon ( not a typo)
Real Estate ( but property taxes)
Weapons/gear/ammo

Whatever you think will preserve your wealth if the dollar goes to near zero.

However IMO,  if you are not debt free, or do not have an emergency fund, you do not have " excess " dollars.
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By Pointman91:
Originally Posted By hammer1995:


What type of assets?


Take your pick-

PM's
Bitcon ( not a typo)
Real Estate ( but property taxes)
Weapons/gear/ammo

Whatever you think will preserve your wealth if the dollar goes to near zero.

However IMO,  if you are not debt free, or do not have an emergency fund, you do not have " excess " dollars.


Timely subject:
US Debt Hits $40 Trillion As Treasury Enters The Endgame

It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last....as US lawmakers continue to ignore calls to contend with historically wide fiscal deficits.
per aspera ad astra
8/20/2026 12:45:39 PM EDT
[#13]
Quote History
Originally Posted By hammer1995:

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By hammer1995:
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.

So I should instead literally stuff some dollar bills under my mattress?
8/20/2026 2:49:17 PM EDT
[#14]
Yup, debanking is a problem for those whomever is in powers deems to be a problem.  

I know someone snarkily mentioned "bitcon".  

Sorry charlie, Bitcoin IS the solution to debanking.  You can buy pretty much anything from hamburgers, car and houses with BTC.  You can swap it peer to peer.  

Hell, I even have some of my paycheck go directly to Cashap and I get paid in BTC.

Even China couldn't stop it when they tried.
8/20/2026 4:36:59 PM EDT
[Last Edit: ColtRifle][Edited] [#15]
One of the issues with large national banks. Part of the reason I bank with smaller local banks for the most part. I deal with multiple banks from time to time in my job. Smaller local banks are always easier to deal with. Big national banks are terrible. If you have Wells Fargo….run fast and far. They are the worst by far. Bank of America is the second worst. I’d avoid Chase for banking too.

Not a bad idea to have a couple of different bank accounts with different banks. I do.

But some of the comments here….sigh.

Some people complain about inflation….and then keep their money where it doesn't at least keep up with inflation. Nothing wrong with keeping some cash at home. Matter of fact, it’s smart. But a lot of cash that could at least be earning interest in a high yield savings or brokerage account….just means you lose to inflation. Stop losing to inflation. Keep your money working for you.

Gadgets are cool. We all like them. But don’t run out and buy a bunch of crap and think you have protected yourself. Money needs to work for you. If you don’t want to put it to work for you, then stop complaining about inflation.

Precious metals somewhat do provide protection against inflation….unless you buy when the prices are sky high…if you do than you are just making other people money. But, precious metals don’t MAKE money typically when held for long periods of time. Short term speculators can make some money with precious metals. The average person who holds precious metals doesn’t make much. Some who panic (and don’t know much about precious metals) and then buy precious metals when the price is unusually high lose money with precious metals.

I’ve been hearing this financial doom and gloom for the past 40+ years of my life. Believing it hook, line, and sinker once upon a time kept me from really making money. Once I stopped with the financial doom and gloom, my net worth rose substantially and I’m in better financial shape than I’ve ever been.

No our financial system isn’t perfect. But find me one that is. I’m not waiting while you look. Learn how our system works. Then, learn to profit from our system…flaws and all.
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
8/20/2026 5:00:32 PM EDT
[#16]
Quote History
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.
View Quote

Sounds like a good reason to keep some base metals on-hand.
8/20/2026 9:21:56 PM EDT
[#17]
Quote History
Originally Posted By ColtRifle:I’ve been hearing this financial doom and gloom for the past 40+ years of my life. Believing it hook, line, and sinker once upon a time kept me from really making money. Once I stopped with the financial doom and gloom, my net worth rose substantially and I’m in better financial shape than I’ve ever been.

No our financial system isn’t perfect. But find me one that is. I’m not waiting while you look. Learn how our system works. Then, learn to profit from our system…flaws and all.
View Quote


More money has been lost waiting for market crashes than has even been lost in market crashes.
8/20/2026 9:58:18 PM EDT
[#18]
I guessed this would be a Zero Hedge article just from the title.
8/20/2026 10:12:33 PM EDT
[#19]
Everyone should hold a little bitcoin. It's highly portable, fungible and inflation resistant. Still a bit volatile, though I think the volatility will decrease substantially over the next decade or two.

The fed will keep printing money. Assets will keep gaining value.

At least with technology today we are unlikely to suffer famine.
8/20/2026 10:42:57 PM EDT
[#20]
What coltrifle said.  Especially about Wells Fargo and boa.   Definitely worst and second worst of a very bad bunch.  


Gold and silver are cool but you really get bent over buying and selling.  Check the prices and you’ll prob find dealing locally will run you 20% round trip.   Imagine the panic most people have if their stocks dropped 20%.  That’s like 3 years of avg gains.  To accept that as just part of buying and selling gold is pretty crappy deal.
8/20/2026 11:07:52 PM EDT
[#21]
Meh.

Don’t give a shit anymore.  Let it all burn down if need be.
Have another hit of sweet California sunshine
8/21/2026 5:22:26 AM EDT
[#22]
Quote History
Originally Posted By taliv:
What coltrifle said.  Especially about Wells Fargo and boa.   Definitely worst and second worst of a very bad bunch.  


Gold and silver are cool but you really get bent over buying and selling.  Check the prices and you’ll prob find dealing locally will run you 20% round trip.   Imagine the panic most people have if their stocks dropped 20%.  That’s like 3 years of avg gains.  To accept that as just part of buying and selling gold is pretty crappy deal.
View Quote


Looking at metals as an " investment " is a mistake. It can be but for the most part it is better viewed as wealth storage outside the debt based, fiat financial system. Its easier for me to trust 6000 yrs of history vs fed reserve notes or digits on a screen  but that's just me.
8/21/2026 6:25:53 AM EDT
[Last Edit: Justintime2][Edited] [#23]
Quote History
Originally Posted By ColtRifle:
…I’ve been hearing this financial doom and gloom for the past 40+ years of my life. Believing it hook, line, and sinker once upon a time kept me from really making money. Once I stopped with the financial doom and gloom, my net worth rose substantially and I’m in better financial shape than I’ve ever been.

No our financial system isn’t perfect. But find me one that is. I’m not waiting while you look. Learn how our system works. Then, learn to profit from our system…flaws and all.
View Quote

Being 40 trillion in debt and paying 1 trillion a year in interest alone is bad and will only get worse and at a logarithmically faster rate. Sorry but that’s not doom and gloom, that’s a catastrophic train wreck at some point…
8/21/2026 7:16:50 AM EDT
[Last Edit: ColtRifle][Edited] [#24]
Quote History
Originally Posted By Justintime2:

Being 40 trillion in debt and paying 1 trillion a year in interest alone is bad and will only get worse and at a logarithmically faster rate. Sorry but that’s not doom and gloom, that’s a catastrophic train wreck at some point…
View Quote



Didn’t read the OP’s article did you?

The point is to be prepared in the event that your bank freezes your bank accounts. The article is sensationalized a bit and the author is a bit dramatic…..but it’s something to consider. That’s partially why I bank locally for the most part but I also have an account at a larger national credit union that is fairly well known for good service.

Then the thread deviated into doom and gloom.

No our national debt is not good. But, it’s also not going to make the US disappear. And, aside from voting for people who will try to reduce it, there isn’t much you and I can do about it. So, learn to work within the system we have. Learn how  it works and then use it to your advantage (legally of course). Live your life. Only constant rule you can rely on is….everything changes. Some changes are good. Some are not good. Survivors adapt to the new normal even if they don’t like the new normal. I’ve read financial doom and gloom for years. I was taught it by my dad. I believed it. Until I started studying how our system works. Instead of fighting the system, I started trying to use it. Fairly quickly my net worth rose and my spendable income rose too.

Get out of your doom and gloom mindset. Educate yourself. Live happier. Or, not. Your call.

Here’s a small tip. Use it…or not. Federal tax rates are very low when you consider the past 50 or so years. Personally, I do not believe they will remain this low. Eventually, taxes will have to rise. Probably SS taxes first. So, take advantage of today’s lower taxes.
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
8/21/2026 8:03:02 AM EDT
[#25]
Quote History
Originally Posted By ColtRifle:
Here’s a small tip. Use it…or not. Federal tax rates are very low when you consider the past 50 or so years. Personally, I do not believe they will remain this low. Eventually, taxes will have to rise. Probably SS taxes first. So, take advantage of today’s lower taxes.
View Quote


True. Every one likes to complain about taxes but we have probably reached a nadir in tax rates.
8/21/2026 3:57:40 PM EDT
[Last Edit: ColtRifle][Edited] [#26]
Quote History
Originally Posted By hammer1995:


True. Every one likes to complain about taxes but we have probably reached a nadir in tax rates.
View Quote



Yep I agree.

As long as Americans continue to demand the services from the government they do, it will have to be paid for. I like lower taxes too but if we as Americans (collectively as a whole) keep demanding this stuff, it has to be paid for. Maybe I am wrong but I do believe we will see taxes rise….and if we want to see lower or no deficits, then taxes have to rise to cover the costs. Just the way it is. If I’m right, then we will wish we took advantage of these current lower tax rates……

Or keep moaning about doom and gloom.
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
8/21/2026 10:07:22 PM EDT
[#27]
Rome Rhymes
Don't be so open-minded that your brains fall out.

General education should not be mere job training, but training in how to be fully human.
8/22/2026 3:17:20 PM EDT
[#28]
Tj  Storytime "It's my money man!"

The year is 2000.  I'm buying a cabin cruiser and need $5,000 so I go to the bank.  So happens I have an out of state check on me for that exact amount.  Knowing I have enough money to cover that check in two accounts in the bank, I figure this should be no problem.  Boy was I wrong.  

I walk up to the cashier and ask her to call up my accounts on her computer then hand her that check and said, "I'd like to cash this check".  
"Sorry, it's out of state so you have to wait ten days." she says nicely.
"Ok, let's deposit this check in my savings account and withdraw $5,000 from my checking."
Now she gets real snippy, "I'm not going to let you circumvent the system like that."
I'm puzzled but suspect she's just dim.  "Ok, watch this.  I'm putting this check in my pocket.  Now let's withdraw $5,000 from my checking account."
"I told you I will not allow you to circumvent the system."  
Now I'm pissed.  The bank full of people, I get real loud so everyone can hear me. "OK, I WANT TO WITHDRAW ALL OF MY MONEY IN THIS BANK.  A CERTFIED CHECK IS FINE."

Now the bank manager come running and after seeing my accounts sorted it out.  Now this girl was a dummy but it does exemplify the entire attitude of banks, all banks.  This was not my first rodeo on BS like this.  When I was first starting out the bank deposited my paycheck in the wrong account.  Even after documentation, they would not fix THEIR error until they found where they put it.   Once you put your money in THEIR bank they all see it as THEIR money.  

Like the OP posted, it would blow your mind how little an excuse they need to lock you out from your money.   Your mistake, their mistake, a third party mistake, they don't care.   All they care is THEIR bank is not on the short end of the stick for a single minute.   It does not matter they are freezing way more funds than the matter is over even.   That time they lost my paycheck, they even stuck me with the check bouncing fees like it was my fault.  Like way back then, if they think you do not have the funds to hire a lawyer. you are really at their mercy.  

Now you know why I've had cash put back to cover normal expenses since 1979 and been advising the same on this forum for two decades now.   On this topic, we talked about loss of a job and natural disasters but their probability is way lower than a bank freezing accounts, way lower.  

Banks, all banks, are like governments.  They're not your friend.  They are  a necessary evil.  

I won't duplicate the good advice in this thread, however I do have some additional information.   Banks are way more hesitant to freeze business accounts due to that liability thing.  Retirement accounts such as a 401k or IRA have a lot more of a legal barrier.  They take a count order or the IRS.   Funds can be transferred in a couple days.  

What I do in addition to cash is I have a business account and a personal checking.  The business account is my primary income account.  I transfer monthly to the personal account with the click of a button while limiting exposure to the business account.   For the price of a Netflix account, I retain a legal service which gives me 10 hours of legal aide a year.   In a dispute, send them a letter on a lawyers letterhead and watch how fast things resolve.  Nobody wants to pay legal fees.  

This is not my fathers world.  The world we live in today is way more complex.  

Tj






"We prepare so we don't have to go to the Superdome!"
8/22/2026 6:27:17 PM EDT
[Last Edit: Pointman91][Edited] [#29]
Quote History
Originally Posted By TomJefferson:
Tj  Storytime "It's my money man!"

The year is 2000.  I'm buying a cabin cruiser and need $5,000 so I go to the bank.  So happens I have an out of state check on me for that exact amount.  Knowing I have enough money to cover that check in two accounts in the bank, I figure this should be no problem.  Boy was I wrong.  

I walk up to the cashier and ask her to call up my accounts on her computer then hand her that check and said, "I'd like to cash this check".  
"Sorry, it's out of state so you have to wait ten days." she says nicely.
"Ok, let's deposit this check in my savings account and withdraw $5,000 from my checking."
Now she gets real snippy, "I'm not going to let you circumvent the system like that."
I'm puzzled but suspect she's just dim.  "Ok, watch this.  I'm putting this check in my pocket.  Now let's withdraw $5,000 from my checking account."
"I told you I will not allow you to circumvent the system."  
Now I'm pissed.  The bank full of people, I get real loud so everyone can hear me. "OK, I WANT TO WITHDRAW ALL OF MY MONEY IN THIS BANK.  A CERTFIED CHECK IS FINE."

Now the bank manager come running and after seeing my accounts sorted it out.  Now this girl was a dummy but it does exemplify the entire attitude of banks, all banks.  This was not my first rodeo on BS like this.  When I was first starting out the bank deposited my paycheck in the wrong account.  Even after documentation, they would not fix THEIR error until they found where they put it.   Once you put your money in THEIR bank they all see it as THEIR money.  

Like the OP posted, it would blow your mind how little an excuse they need to lock you out from your money.   Your mistake, their mistake, a third party mistake, they don't care.   All they care is THEIR bank is not on the short end of the stick for a single minute.   It does not matter they are freezing way more funds than the matter is over even.   That time they lost my paycheck, they even stuck me with the check bouncing fees like it was my fault.  Like way back then, if they think you do not have the funds to hire a lawyer. you are really at their mercy.  

Now you know why I've had cash put back to cover normal expenses since 1979 and been advising the same on this forum for two decades now.   On this topic, we talked about loss of a job and natural disasters but their probability is way lower than a bank freezing accounts, way lower.  

Banks, all banks, are like governments.  They're not your friend.  They are  a necessary evil.  

I won't duplicate the good advice in this thread, however I do have some additional information.   Banks are way more hesitant to freeze business accounts due to that liability thing.  Retirement accounts such as a 401k or IRA have a lot more of a legal barrier.  They take a count order or the IRS.   Funds can be transferred in a couple days.  

What I do in addition to cash is I have a business account and a personal checking.  The business account is my primary income account.  I transfer monthly to the personal account with the click of a button while limiting exposure to the business account.   For the price of a Netflix account, I retain a legal service which gives me 10 hours of legal aide a year.   In a dispute, send them a letter on a lawyers letterhead and watch how fast things resolve.  Nobody wants to pay legal fees.  

This is not my fathers world.  The world we live in today is way more complex.  

Tj






View Quote




F Banks and the entire debt based monetary system.
8/22/2026 8:47:06 PM EDT
[#30]
possession is 9/10ths of the law

Welcome to the new feudalism.  You will be an electronic serf, bound to the land
Don't be so open-minded that your brains fall out.

General education should not be mere job training, but training in how to be fully human.
8/22/2026 9:52:29 PM EDT
[#31]
Quote History
Originally Posted By Pointman91:




F Banks and the entire debt based monetary system.
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By Pointman91:
Originally Posted By TomJefferson:
Tj  Storytime "It's my money man!"

The year is 2000.  I'm buying a cabin cruiser and need $5,000 so I go to the bank.  So happens I have an out of state check on me for that exact amount.  Knowing I have enough money to cover that check in two accounts in the bank, I figure this should be no problem.  Boy was I wrong.  

I walk up to the cashier and ask her to call up my accounts on her computer then hand her that check and said, "I'd like to cash this check".  
"Sorry, it's out of state so you have to wait ten days." she says nicely.
"Ok, let's deposit this check in my savings account and withdraw $5,000 from my checking."
Now she gets real snippy, "I'm not going to let you circumvent the system like that."
I'm puzzled but suspect she's just dim.  "Ok, watch this.  I'm putting this check in my pocket.  Now let's withdraw $5,000 from my checking account."
"I told you I will not allow you to circumvent the system."  
Now I'm pissed.  The bank full of people, I get real loud so everyone can hear me. "OK, I WANT TO WITHDRAW ALL OF MY MONEY IN THIS BANK.  A CERTFIED CHECK IS FINE."

Now the bank manager come running and after seeing my accounts sorted it out.  Now this girl was a dummy but it does exemplify the entire attitude of banks, all banks.  This was not my first rodeo on BS like this.  When I was first starting out the bank deposited my paycheck in the wrong account.  Even after documentation, they would not fix THEIR error until they found where they put it.   Once you put your money in THEIR bank they all see it as THEIR money.  

Like the OP posted, it would blow your mind how little an excuse they need to lock you out from your money.   Your mistake, their mistake, a third party mistake, they don't care.   All they care is THEIR bank is not on the short end of the stick for a single minute.   It does not matter they are freezing way more funds than the matter is over even.   That time they lost my paycheck, they even stuck me with the check bouncing fees like it was my fault.  Like way back then, if they think you do not have the funds to hire a lawyer. you are really at their mercy.  

Now you know why I've had cash put back to cover normal expenses since 1979 and been advising the same on this forum for two decades now.   On this topic, we talked about loss of a job and natural disasters but their probability is way lower than a bank freezing accounts, way lower.  

Banks, all banks, are like governments.  They're not your friend.  They are  a necessary evil.  

I won't duplicate the good advice in this thread, however I do have some additional information.   Banks are way more hesitant to freeze business accounts due to that liability thing.  Retirement accounts such as a 401k or IRA have a lot more of a legal barrier.  They take a count order or the IRS.   Funds can be transferred in a couple days.  

What I do in addition to cash is I have a business account and a personal checking.  The business account is my primary income account.  I transfer monthly to the personal account with the click of a button while limiting exposure to the business account.   For the price of a Netflix account, I retain a legal service which gives me 10 hours of legal aide a year.   In a dispute, send them a letter on a lawyers letterhead and watch how fast things resolve.  Nobody wants to pay legal fees.  

This is not my fathers world.  The world we live in today is way more complex.  

Tj










F Banks and the entire debt based monetary system.


AGREED.... with both of you.  I have also had a bank (with the account number written on the check) deposit a check in the wrong account... and they refused to do anything about it.  Then there was a direct deposit that got withdrawn a week later without my consent or even notification.  

Years ago Rothbard showed that modern banks which use "fractional reserves" are legalized fraud.  I agree with Rothbard on that too.
per aspera ad astra
8/22/2026 10:30:09 PM EDT
[#32]
Having a wide family or friend group mutual assistance group insulates you from any targeted debanking as you could get paid indirectly and get friendly help with mortgage and other payments.

But if the people who debanked you called the note, or called your service providers they could render you instantly homeless and without internet, no access to your credit card, bank accounts, personal email, etc.

Hardball = homelessness and de facto unemployable unless again your family hires you for cash or barter (room, board…)
8/23/2026 9:43:35 AM EDT
[Last Edit: TomJefferson][Edited] [#33]
OK, I'll take a shot at the gloom and doom with my own life's experience.  

I started adult life in 1973 just in time for the first OPEC oil embargo, gas lines, and an economy that went to crap.  Then came Jimmy Carter and double digit inflation.   Home mortgages rose to over 13% and part of the cure was to freeze our wages.   It took 16 years and two presidents to fix that one.   I paid 7 times for my house than my father and kids starting out will pay 7 times what I did.  Even with a VA loan available,  This delayed my home purchase until, wait for it, till my late 30s.   The house I live in now I financed at current rates, 6%.   Due to timing, it sucked I couldn't refinance at those ridiculously low rates.  I was on the no debt plan when I retire.   At one point, I moved 1,500 miles away from home to get work and not only didn't have a job lined up but didn't know a soul.   My parents didn't have money so I lived my entire life with the philosophy, "A man does what a man has to do."  

This will not shock you but needs to be in context.  My parents were Great Depression babies.  They simply had no jobs.  It took WWII and FDR backing off his socialism BS for the economy not only to recover but boom.  I was in the 7th grade when my parents bought a home.   After a eratification of start up and middle class wealth, It takes a long time to build up wealth from the bottom up.  

The Trump plan has never been done before.  It's pretty simple, put wealth at the bottom and middle while growing the economy to create jobs to where wages grow.   In short, recreate WWII economically without the war through salesmanship.  The alternative is WWIII because as the bastion of capitalism thus wealth as the US goes so does the world.   I can't predict if it will work but it's headed in the right direction.

This stuff is one big cycle.

Tj

"We prepare so we don't have to go to the Superdome!"
8/23/2026 9:48:12 AM EDT
[#34]
Diversify your assets.  Reduce your liability and debt.  Learn to play the game.
8/30/2026 9:47:07 PM EDT
[#35]
In 2023 when woke seemed to be reaching ever greater levels of power and self confidence in their thousand year Reich, the threat of HR firing straight white conservatives was growing daily. Guys were being fired on account of woke feminists finding impolite FB post dug up from years ago… or for innocuous statements made in the present. Guys were being sand bagged by woke minorities looking for scalps.

It’s not impossible for woke 2.0 to regain power and immediately seek to reinstate the reign of terror.
8/30/2026 9:50:36 PM EDT
[#36]
"paranoia is just pattern recognition in people who’ve been burned before."

An excellent statement.
The Second Amendment: Preserving our right to petition the government - with malice.
"I guess it comes down to a simple choice, really. Get busy livin' or get busy dyin'."
Virginia Is For Loners (™)
8/30/2026 10:52:17 PM EDT
[#37]
Quote History
Originally Posted By OwO:

Sounds like a good reason to keep some base metals on-hand.
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Quote History
Originally Posted By OwO:
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.

Sounds like a good reason to keep some base metals on-hand.


I have a considerable amount of brass on hand. The value has increased quite a bit since I purchased it.
8/31/2026 9:34:21 PM EDT
[#38]
Quote History
Originally Posted By Drsalee:
Meh.

Don’t give a shit anymore.  Let it all burn down if need be.
View Quote

Thats where im at.
8/31/2026 10:38:16 PM EDT
[#39]
Quote History
Originally Posted By 300WinMagGuy:

Thats where im at.
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Quote History
Originally Posted By 300WinMagGuy:
Originally Posted By Drsalee:
Meh.

Don’t give a shit anymore.  Let it all burn down if need be.

Thats where im at.



That’s what weak people say.

Be part of the solution or else you are part of the problem.
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
9/2/2026 10:00:33 PM EDT
[#40]
Our ancestors especially those who were pioneers and settlers of America before it became an independent nation, survived their conditions thanks to COMMUNITY. They were deeply religious and gathered weekly if not daily around their respective churches. They had large families and extended families within 50 miles of their homes. They cooperated with their neighbors. Trained as militia. Worked together in harvest time. Their kids mingled and married each other’s kids.

It has always been small communities of 150 or so people who have guaranteed survival for their wider community.

So imagine the advantage if we all recreated our ancestors’ baseline?
9/3/2026 7:35:53 AM EDT
[#41]
Quote History
Originally Posted By WYPete:
Our ancestors especially those who were pioneers and settlers of America before it became an independent nation, survived their conditions thanks to COMMUNITY. They were deeply religious and gathered weekly if not daily around their respective churches. They had large families and extended families within 50 miles of their homes. They cooperated with their neighbors. Trained as militia. Worked together in harvest time. Their kids mingled and married each other’s kids.

It has always been small communities of 150 or so people who have guaranteed survival for their wider community.

So imagine the advantage if we all recreated our ancestors’ baseline?
View Quote




Yes to this. A lot of people think they will be their own warlord by themselves in a disaster. They are wrong.

I’ve been through a few weather related disasters. Yes I saw some despicable and/or idiotic behavior. But, more importantly, I saw some of the best in humans as a community pulled together to help each other out.
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
9/6/2026 1:29:32 PM EDT
[#42]
I really need to get back into precious metals. I was doing pretty good for a while with picking some up here and there.

Thanks for the reminder.
9/11/2026 6:43:46 PM EDT
[#43]
Quote History
Originally Posted By gtsteve03:

So I should instead literally stuff some dollar bills under my mattress?
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Quote History
Originally Posted By gtsteve03:
Originally Posted By hammer1995:
Originally Posted By gtsteve03:
Sounds like a good reason to keep some physical precious metals on-hand.

Why? So you can lose to inflation?And what will that do for you? Pretty sure they don’t accept gold, silver or any other PM at the mortgage company, power company, grocery store, etc.

So I should instead literally stuff some dollar bills under my mattress?


The point of having a sizable emergency stash at home is not to keep ALL of your money at home but to have some way to have access to cash in an emergency, whether that emergency is a cyber attack, a sudden bank holiday, or getting debanked.

Think of it as not putting all of your eggs in one basket. It buys you time to get a new bank, or your bank regains control of its computers or you have reached a safe zone after bugging out of a hurricanes landfall.

Yes the emergency funds will lose value against inflation but it, cash, gold, silver, etc. is in hand.

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