When does the First Bank of DBD start issuing those debit cards?
Amen! I’ll take one…..at the next fund raiser.
A Credit Union not a bank. Organized under NCUA guidelines.
I can picture zed with a sharpie, coloring in a bikini on any bills he gets with his naked kids on them.
Well, technically he’s not deFACing them…
Not exactly ‘kids’….
they’re still his kids, no matter how old they are.
Making a list of all the establishments owned/staffed by the pinch-faced, blue-nosed, Karens, that I studiously avoid where I would simply HAVE TO go make a purchase using that debit card.
While open carry is legal in the Commonwealth of Virginia, unless I am in an area where the threat of four-legged apex predators is much greater than the threat of two-legged apex predators, I prefer to carry concealed.
That being said, there are a very small number of establishments where open carry of a Ruger Super Redhawk loaded with .454 Casull is always a proper sartorial choice.
After the initial vapors of the staff Karens and Karls subside, the reactions are almost universally along the lines of Skye witnessing Jo morph into Zed:
“Is that thing to scale?”
Assets. Good to have.
Sign me up for a direct deposit account!
I like to carry my old SAM Debit card. This is a really cool idea, Chris. The “Don’t Tread on Me” one. Funny how that garners Spock raised eyebrows when I pull it out right next to my debit card when using. :). Carry On. 🙂
I would expect some pushback from the other women in town.
Hmmm … maybe that debit card could work like those pin-up ballpoint pens that would have the girl’s bikini disappear whenever you turned it upright.
In this case, Sam would show more assets as you paid down your credit balance.
A naked lady and a balanced account … it’s a Win-Win.
I’d love a card with my choice of picture in the real world
I think Mari would be an appropriate choice for the 100,000 Samolean bill, especially when compared to the traitor Woodrow Wilson on the $100,000 bill.
On the other hand, the ol’ scientist Ben Franklin would probably approve of Jo on the 100 Samolean bill.
We’re the world’s biggest user of debit cards up here, and have been since they came out some 40+ years ago.
I used to think they were great but lately I’ve been having mixed feelings.
We saw what happened when the debit system went down for a day.
A lot of blank stares up here and a “what do we do now ?” terrified look on the younguns who’ve never paid for anything except with their phone or card and couldn’t make change at a cash register if they tried.
I recall it wasn’t quite the same story when the EBT system briefly went down in a major city and the feral gimmies almost rioted.
The problem with gov’t issued currency is that they can at any time just ‘freeze’ your bank accounts as we saw happen here when people dared to say no to the narcissist in chief and he turned their cards off out of spite.
Another problem is that paper/metal currency can be declared worthless at any time by gov’t order. We’ve seen it here with $1 and $2 bills and the penny. You may have earned that money but as of a specific date, if you still had it in your possession then you’d effectively worked for nothing and there’s nothing stopping a gov’t from randomly declaring all currency invalid and then putting conditions on your debit card usage.
We’re starting to see the initial rumblings about those conditions and I don’t imagine it will take long before your ‘social credit score’ decides whether or not you get to buy groceries, or travel, or anything else.
Everything you buy is already shared between advertisers so you end up with targeted ads bombarding you constantly anyway and it’s only getting worse.
Here’s a hint to advertisers: just because I bought an industrial sized bottle of horseradish once, it doesn’t mean I want to buy one every week, that one’s going to last for awhile.
It won’t be all that long before you’re not only told what you CAN buy, but what you HAVE to buy in order to ‘support your country’s industries’.
Just like the old ussr…..
At least with Samoleons you can still look at the card to pass the time. 😉
Skip the card and do some custom rounds of 999 silver. As a metals broker I was always kind of against private mint bullion due to difficulty of fungibility in the marketplace as opposed to universally recognized Eagles etc. But I’m all for it in this case, and might be necessary as the gov mint still gives them some level of control. Lots of private mints available (so far) to crank them out, all same denomination but different poses and different models. What a great currency for the CRA! And no gov can freeze that hotness.
IIRC, silver rounds go by purity (Sam? Pure? HA!) and weight, NOT “denomination”. That privilege is reserved (see what I did there?) for Gooberment mints and coinage.
I buy 1 oz 9999 pure silver rounds at spot+handling.
After that, it would be up to me and the seller to agree as to the value of the silver vs the value of what is being bought/sold.
But I agree with your last paragraph….a return to precious metals vs “fiat” paper for the CRA. And having Sam embossed on the round – guaranteed collector’s items!
Yes denomination is gov established; all Eagles are $1. Same for our CRA issued currency. You are speaking of spot value and premium which as you say is a function of marketplace buy/sell activity, and where that recognizability/marketabilty/fungibility comes in. Spot silver is about 23.77 at the moment but Eagles at MoneyMetals are about $35 while lesser gov issues like Canada’s are $30 and most private mint rounds are $27 or so. They all contain 1 ozt of pure .999 silver (btw the fourth 9 is a psychological marketing ploy first used by Canada to boost interest but has zero effect on actual fineness or intrinsic value) and the spot market is the basis of the price, plus the premium as determined by said market demand. Sounds silly for the same underlying product to vary so much but that’s how the free market works based on perceived resale value. So that “handling cost” is really just the premium added to what I assume you are buying, private mint rounds. A while back the premium was called the minting or production cost compared to raw bullion but the craziness in the world right now has people bidding it up from there. If your handling cost is low (let’s say $2 per unit), that’s way under most and seems like a great bargain, but the catch comes in when you spend them and need to find someone who believes they are actual full ounce pure silver or else you may end up getting spot or less. The value of our SilverSam issues though, will eclipse the Eagles based on the superior government involvement, and mostly those gorgeous poses, or collector value as you saYes d. I’m thinking in the $50 range to start. 🙂
You can buy silver and gold by the gram in little wafers from various places.
I’m still kicking myself that I never bought the 1/20 oz gold coins each payday like I’d planned to when gold was $200/oz.
The non-taxable profits part when the price goes up was a big attraction, I just ‘never got around to it’ 🙁 instead I lost a fortune in RRSP’s when the tech market crashed the first time.
The only problem with keeping larger chunks of gold or silver is “who’s going to buy it when things go sideways ?” the banks ? businesses that are also under orders to report any precious metals transactions ? then the gov’t knows what you had and might decide to come and see if you’re ‘hoarding’ any more. Remember, at times private ownership of the metal itself has been restricted by govt’s with penaltied for ‘unauthorized possession’ and you can be sure those laws will be revisited if they think you’vre become too independent.
Damn where do you live, Russia? Oh yeah, never mind, it’s Mini-Tru’s wannabe Russia…
Anyway I kind of cover the fungibility thing up there as to why Eagles bring such a ridiculous premium, it’s because they will always be sellable/tradeable to individuals or to independent dealers such as I was for so long, not banks which btw don’t actually even buy bullion. In Florida at least, coins and bullion are exempt from tax and reporting except le screening for theft so not really an issue, and gold Eagles come in denominations down to 1/10 ozt. While the premium is still huge on those, it is actually less than those 1g wafers which typically will be close to 50%, $60 worth of gold for $90, and you will NOT get that premium back when you sell or trade them. So Eagles are the way to go for fractional purchases because even with a huge premium some of that will come back on sale and more importantly you won’t have to jump through hoops to get the person you are selling to to recognize what it is, just means spending or trading them for $200+ transactions. Most preppers understand this complication but also know they cannot keep their funds in scrip, so right now that’s where we are. The CRA mintings will address this issue to make the hard currency more stable and fungible.
Ha! Maybe this is why Wray went to davos, protect the income streams…
No, no Zed had it exactly right, up that ass-et, perfect indeed!
My vote for the $100
No,see that’s just a cartoo…oh wait a minute…
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