He says the best way to change the system is to pressure (maybe destroy?) banks, as they are the system. His idea: Go to your bank and clean out your account. That way the state will have to take more notice than if people are demonstrating in the streets.
I reckon such a plan would backfire bigtime for several reasons:
1. Crime, robberies would suddenly increase if people horded money at home.
2. Central banks and then banks would increase interest rates for deposits, trying to attract back the cash.
3. Retail amounts of silver, gold etc demanded would explode and the price for them would aswell. That in turn would lead to a bubble in those commodities with the investors getting screwed.
4. A law could quickly be created - like in the US with Gold back in 1933 - prohibiting keeping either gold, silver or cash in specific quantities.
Probably a good way to fight against the "bonus-culture" would be to move all ones assets to banks that follow better ethical standards. But trying to bring the monetary system to a halt would be counter-productive I reckon, personally.
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