Forum Post: Stop Personal Money Transaction And You Stop Wall Street
Posted 13 years ago on Oct. 6, 2011, 5:54 a.m. EST by Idaltu
(662)
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The 1 % is concerned about one thing and that is money transaction. Every purchase made by the 99 % powers the cogs of Wall Street. If you want to get the attention of Wall Street then what is needed is a 24 hour moratorium on credit card purchases. Do this once and you have their attention. Do this once a month and you collapse the system.
Minimizing what we purchase overall, regularly is the only way to do it; we need a full on lifestyle change. Most people who don't buy anything one day, will just go out the next and buy what they were going to buy before. Pay off your debits rather than falling for the call to consumerism. Buy only what you really need, used if you can, locally sourced when you can't. Anything that you can barter for, rather than paying in currency, either electronic or paper, helps.
Or perhaps make as many payments as possible in cash?
How about a 24 moratorium where everyone withdraws ALL of their money from every bank account they have and not buy a damned thing except the bare necessities... Nah.. we can't go without our $5 lattes for a day now can we?
Be carefull with what you say. I believe your idear of telling people to take all their money out of the banks is not allowed by law!
It's illegal to tell someone to withdraw money from a bank? Well they better come lock me up then because it's exactly my suggestion. You'll earn more interest on it under a mattress or in a jar buried in your backyard with a lot fewer fees if you have either.
lol, yep, sort of agree. And if you have a backyard, invest some in a couple of goats and hide a little bar of gold or nice stones :).