Quote from: grndzero on July 11, 2011, 05:03:24 PM

Quote from: TraderTimm on July 11, 2011, 03:58:45 PM

Quote from: MeSarah on July 11, 2011, 03:54:02 PM

Another non bitcoin thread. Admin please move this fed bash trash.

You have no idea how badly the dollar is going to fare in the next few months/years. It is only the beginning.

And to the other commenters point - try going into your bank and asking for your entire balance in cash. The answer might surprise you. (Assuming you have more than say, $1,000 in your balance.)

1 person asking for $1000 in cash isn't going to make a dent in a bank. 1000 people withdrawing $1000 might be a problem. I have personally taken $5k out of my bank in cash upon asking for it without a problem and I'm positive I could do it anytime. You vastly underestimate the holdings of a bank, they are required to keep a a certain amount of cash on hand just in case. That's why big banks have big safes, and small banks don't.

I know of two banks in my country, the largest two, who will most likely tell you you have to notify them atleast one day before you wish to have your money in cash. They will also ask you what you intend to do with such large sums of cash (might avoid this question of youre a native and wear a suit and tie).

Although I have been in a bank where it was no problem taking out $2000. I guess this depends on banks.