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Banking restrictions

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There seems to be internet problems going on. Is this connected to Planet X? [and from another] http://money.cnn.com/2014/01/26/news/world/uk-lloyds-atm-outage/index.html?iid=HP_LN&hpt=hp_t3  A Lloyds Banking Group spokeswoman said the three-hour outage had been resolved. A technical problem left customers at the U.K.’s largest bank unable to make purchases or withdrawals using their payment cards. [and from another] http://www.bbc.co.uk/news/business-25861717  Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it. [and from another] http://iacknowledge.net/breaking-hsbc-bank-and-china-out-of-cash-china-halts-bank-cash-transfers/  The People’s Bank of China, the central bank, has just ordered commercial banks to halt cash transfers. In short, there will be a three-day suspension of domestic renminbi transfers.  There will also be a suspension, spanning nine calendar days, of conversions of renminbi to foreign currency. The specific reason given—“system maintenance” at the central bank—is preposterous.  It is not credible that during the highest usage period in the year—the weeklong Lunar New Year holiday beginning January 31—the central bank would schedule an upgrade and shut down cash transfers. [and from another] http://en.ria.ru/business/20140127/186966541/Russias-Central-Bank-Bitcoin-Users-Can-Face-Jail-Time.html  Russia’s top monetary authority slammed digital currencies, warning that Bitcoin use can lead to criminal charges in the country. The anonymously produced “virtual currencies” can be intended by its producers for money laundering and terrorism funding purposes, the Central Bank said in a statement. This means that Russian digital currency users can become involved in criminal activity simply by using the Bitcoin and its analogues.

Suddenly banks are tightening the rules and the reins, all in the weeks ahead of the anticipated announcement admitting that Nibiru exists and is nearby. Is there a relationship? We predicted that banks would limit their hourslimit their withdrawals, and even be closed temporarily if a panic ensued. The likely time when such steps would be viewed as necessary would be during the announcement and shortly thereafter. One of the first reactions in a populace taken by surprise by the announcement would be to stock up on food, gasoline, and cash. The banks are anticipating a run on their ready cash, which frankly is not in hand! 

The complicated world of paper money is such that banks are not required to hold what is technically owned to depositors in the form of cash. It is, therefore, technically impossible for a bank to payout savings to depositors, on demand. This likewise guts their standing, as to issue loans they have to have backing for the loans, and savings is one of the pillars their house of cards stands upon. For both those reasons, a run on a bank, whereby depositors try to pull out their savings, would be sharply limited during a panic. The steps taken by banks in the UK and and elsewhere are only part of the picture, as most limitations already in place have not yet hit the media. 

Source: ZetaTalk Chat Q&A for February 1, 2014


Source: http://poleshift.ning.com/xn/detail/3863141:BlogPost:964920



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