this post was submitted on 14 Nov 2023
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cross-posted from: https://lemmy.ml/post/7968927

Maybe December? So we all take money out of banks, at least current month salary, and spend cash only. I think that is something that shouldn't be hard to do and it would show if we, the people, have any power left to make positive changes for the future or we can just surrender and eat bugs.

Edit:

If I’m trading my only true value, my time, then I want to have 100% control over it, not to depend if some bank would freeze my account and I lost 1/3 of my life irreversible.

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[–] naut@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (1 children)

So ~~you~~ they think that voting makes difference? (sorry if I mispronounce you, unintentional, please do not report)

[–] abieNathanTheyThem@lemmygrad.ml 3 points 1 year ago* (last edited 11 months ago) (1 children)

Not everyone has the financial stability to withdraw their entire monthly salary from the bank.
You do not provide a clear explanation of how this action will lead to positive changes.

The use of ultimatums and hyperbole is unhelpful and short-sighted.

We have been here before, the federal reserve will bail them out ~~with our taxes~~, we can't achieve progress with regressive tactics.

https://www.wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537

Edited:
Crossed the misleading part thanks to davel, Modern monetary theory (Macro Economics) does say that our taxes are not used for government spending nor bonds either.

[–] davel@lemmygrad.ml 2 points 1 year ago (1 children)

They will get bailed out, though not with our federal taxes, because our federal taxes don’t actually pay for anything.

[–] TankieReplyBot@lemmygrad.ml 1 points 1 year ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy: