Forum Post: BILLIONS moved in bank transfer demonstrations!!!
Posted 13 years ago on Nov. 7, 2011, 10:07 p.m. EST by FamilyFoodGardens
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"Voting with your dollars may have more impact than voting for a politician.
Since September 29th the credit unions have added billions to their coffers according to the Credit Union Natl. Assoc. Over half a million new customers have left big banks and opened new accounts at credit unions.
Most of the growth can be attributed to banks raising their fees such as Bank of America charging $5/mo. for debit cards (click here to close your BofA account). Even the mainstream media gave it momentary coverage last Thursday in a positive light.
The Occupy Wall Street movement in New York is also supporting a “Move Your Money” event and there is also a Facebook page. The movement is also a tribute to Guy Fawkes who was an anarchist in the UK who wanted to blow up the Parliament building on November 5th, 1605 in what was known as the “Gunpowder Plot.“" http://flipthepyramid.com/index.php/entry/billions-of-dollars-moved-in-bank-transfer-demonstrations
Credit unions are part and parcel of the 1%. Moving your money there did absolutely nothing.
Given that US banking deposits are in trillions, I don;t think banks are shaking in their boots just yet.
Plus, it's just paper / Fiat currency. It's "perceived wealth". We as the users of paper currency are not holding anything of great value - only a belief that someone will give us something of value in exchange for it.