Quote:
Originally Posted by onwebcam
The reason those banks are imposing restrictions on withdrawals is so runs don't obviously crash the banks reserves (cash on hand). Getting rid of cash to the bank means getting rid of reserves....
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You're the one who's clueless man - they are imposing restrictions for a variety of reasons but are gradually moving towards a total banning of Physical cash (paper notes - the kind we keep in our wallets) not cash in the bank. Zerohedge explains it quite well:
Is a Ban on Physical Cash Coming Soon? | Zero Hedge
Why The Powers That Be Are Pushing A Cashless Society Washington's Blog
These things are openly being discussed at the highest levels and in G7 and country group meetings.