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bucolic_frolic

(47,737 posts)
9. When GWB was in office and when the Great Recession began
Mon Nov 18, 2024, 06:47 PM
Nov 18

there were financial articles, usually from unnamed upper level financial guys at banks or hedge funds, who warned of the powers of the US Treasury, including the power to seal or seize deposit boxes. Now we have added moves in some countries for banks to charge a fee (%) to hold cash in an account, or to deposit cash to an account, or to spend cash. It's kind of like a wealth tax. At some points in some states they did assess the value of stocks and bonds. All these powers make anyone nervous. And yes Trump will go big its his only way of thinking or doing. This could turn out like plunder, Nazi style, without carnage. Aside from the war and holocaust, Nazism was a system of plunder. Now it will be friendly fascism.

Do you think the deported will be allowed to carry cash, or empty their bank accounts?

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