Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

CLEAN OUT YOUR BANK ACCOUNTS NOW

Discussions about the economic and financial ramifications of PEAK OIL
Post a reply

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby HEADER_RACK » Sun 12 Oct 2008, 22:12:34

$this->bbcode_second_pass_quote('Pops', 'O')K, I quit.

Take your money from the bank, build a minefield, put in a silo to hold 30 years of wheat in your spare bedroom.

Do it tomorrow!


Oh yea, make sure you don't change anything else about your life.


Money is out of the bank
Don't need a minefield
Only have about 18 months of stocked food and goods
Been doing it since Feb 07
I haven't changed a thing about my life still living good
Nothing is more dangerous than a man with nothing left to lose but has everything left to gain.
User avatar
HEADER_RACK
Coal
Coal
 
Posts: 452
Joined: Thu 15 Feb 2007, 04:00:00
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby eastbay » Sun 12 Oct 2008, 22:12:53

$this->bbcode_second_pass_quote('Hawkcreek', '')$this->bbcode_second_pass_quote('', 'O')K, I quit.

Take your money from the bank, build a minefield, put in a silo to hold 30 years of wheat in your spare bedroom.

Do it tomorrow!

Don't have to do it tomorrow - its been done for years.
Might put in more mines, though.



This guy here isn't joking. 8O
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby Cid_Yama » Sun 12 Oct 2008, 22:32:00

<i>This guy here isn't joking.</i>

I'll tell you what, when the crap hits the fan, I won't be either.
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it." - Patrick Henry

The level of injustice and wrong you endure is directly determined by how much you quietly submit to. Even to the point of extinction.
User avatar
Cid_Yama
Light Sweet Crude
Light Sweet Crude
 
Posts: 7169
Joined: Sun 27 May 2007, 03:00:00
Location: The Post Peak Oil Historian
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby Aaron » Sun 12 Oct 2008, 22:32:09

Relax folks...

Your money won't be worth anything soon anyway.
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.

Hazel Henderson
User avatar
Aaron
Resting in Peace
 
Posts: 5998
Joined: Thu 15 Apr 2004, 03:00:00
Location: Houston
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby eastbay » Sun 12 Oct 2008, 22:35:41

$this->bbcode_second_pass_quote('Aaron', 'R')elax folks...

Your money won't be worth anything soon anyway.



How dare you suggest inflation is coming! :x


Hey man, just kidding :lol: ... I too am loyally and firmly among the 'inflationistas.'
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby Pops » Sun 12 Oct 2008, 22:55:30

$this->bbcode_second_pass_quote('Aaron', 'R')elax folks...

Your money won't be worth anything soon anyway.

Sometimes I really can't figure out why anyone posts here except to piss away the minutes left till they die.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
User avatar
Pops
Elite
Elite
 
Posts: 19746
Joined: Sat 03 Apr 2004, 04:00:00
Location: QuikSac for a 6-Pac
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby Snowrunner » Sun 12 Oct 2008, 22:57:02

$this->bbcode_second_pass_quote('eastbay', 'H')ey man, just kidding :lol: ... I too am loyally and firmly among the 'inflationistas.'


Yeah inflation will hit, but initially it will be a deflationary scenario, there is just so much "product" in the pipeline right now and there will be very few people who can afford it.

Having said that, certain parts will be inflationary sooner than later, my main eye on this one is on food and other "growing" things that require lots of input (be it capital or energy).
User avatar
Snowrunner
Tar Sands
Tar Sands
 
Posts: 795
Joined: Wed 24 Aug 2005, 03:00:00
Location: Screwed
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby HEADER_RACK » Sun 12 Oct 2008, 23:04:10

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('Aaron', 'R')elax folks...

Your money won't be worth anything soon anyway.

Sometimes I really can't figure out why anyone posts here except to piss away the minutes left till they die.


Thank you for sharing what you really think about PO.com and it's posters. It's refreshing coming from a moderator.
Nothing is more dangerous than a man with nothing left to lose but has everything left to gain.
User avatar
HEADER_RACK
Coal
Coal
 
Posts: 452
Joined: Thu 15 Feb 2007, 04:00:00
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby eastbay » Sun 12 Oct 2008, 23:08:30

$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('Aaron', 'R')elax folks...

Your money won't be worth anything soon anyway.

Sometimes I really can't figure out why anyone posts here except to piss away the minutes left till they die.


Thank you for sharing what you really think about PO.com and it's posters. It's refreshing coming from a moderator.



Ahhhh don't take that crack too seriously. That's just Pops. He's a great guy, but he gets a bit cantankerous at times. Venting. It'll pass. He's our favorite cantankerous old coot.

He's part of our amazing diversity. No 'cult of sameness' around here, that's for sure! :)
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby HEADER_RACK » Sun 12 Oct 2008, 23:16:28

$this->bbcode_second_pass_quote('', ' ')No 'cult of sameness' around here, that's for sure


For sure. I'm in the deflationist camp :shock:
Nothing is more dangerous than a man with nothing left to lose but has everything left to gain.
User avatar
HEADER_RACK
Coal
Coal
 
Posts: 452
Joined: Thu 15 Feb 2007, 04:00:00
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby eastbay » Sun 12 Oct 2008, 23:19:39

$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('', ' ')No 'cult of sameness' around here, that's for sure


For sure. I'm in the deflationist camp :shock:


A deflationista, huh? GET HIM!!! :x
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby alokin » Sun 12 Oct 2008, 23:42:42

First of all I don't see any deflation at the moment, everything , except petrol gets dearer.

Snowwalker, yu might be right with this:
$this->bbcode_second_pass_quote('', 'h')ere is just so much "product" in the pipeline right now and there will be very few people who can afford it.

But the product in the pipeline will definitively never be the product you need. You might be able to buy an iphone for cheap but not those woolen socks, the flour or another blanket.

For those who haven't got real assets at the bank, we simply can spend a part of our savings. We stocked up use full things this week end,fearing the inflation. I will continue during this week, buying chicken food and basic foodstuff.
User avatar
alokin
Heavy Crude
Heavy Crude
 
Posts: 1255
Joined: Fri 24 Aug 2007, 03:00:00
Top

Re: CLEAN OUT YOUR BANK ACCOUNTS NOW

Unread postby Pretorian » Mon 13 Oct 2008, 03:28:54

$this->bbcode_second_pass_quote('Hogan', '')$this->bbcode_second_pass_quote('Aaron', 'R')elax folks...

Your money won't be worth anything soon anyway.


Aaron is correct. First, very soon, there will be a cash supply shortage- deflation. Then later there will be hyper-inflation once the US government tries to print it's way out of the depression. It's probably best to take most cash out of the bank and put it into hard assets- gold/silver, food/preps, guns/ammo, farmland, etc. The US dollar will become toilet paper soon enough.


Stalag, that's a peninsula in Papua-New Guniea? No wonder.

US government did not print a single dollar since 1913.
Pretorian
Light Sweet Crude
Light Sweet Crude
 
Posts: 4685
Joined: Sat 08 Apr 2006, 03:00:00
Location: Somewhere there
Top
Previous
Post a reply

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 0 guests



cron