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To: blam

I suppose if you are a billionaire on paper, with most of your assets tied up in digits that are traded over the internet, and only have value because of the relationship of your digits to other digits owned by other people with whom you interact on the internet, you would think that an EMP attack is the scariest of all possible things.


3 posted on 09/14/2014 7:23:18 AM PDT by Steely Tom (Thank you for self-censoring.)
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To: Steely Tom

How would you feel knowing your fridge and freezer are toast and there is no possibility of getting electricity to them for 3 months to a year or more?

Maybe not watching tv, listening to the radio or posting to Free Republic for just as long.

Access to money or digits to pay certain bills? Gone-O-La, because your place of employment or the government checks can no longer be automatically deposited.

But, there’s still paper checks, right?

Sure, when they can ramp up the ability to write those and even then, how do they place an order for those checks? No electricity = no modern means of communications.

But, presuming they can write checks where will they be cashed?

No bank has the ability to deposit a check, much less peer across their network to see if they even have money.

But now, it gets worse than that; assuming “you” get cash in your hand, I can promise you the guy behind you won’t.

Why? Ain’t enough greenbacks in the till for everyone in town.

70%+ of our money supply is digital and it’s gonna byte everyone in the (_!_).

In a currently $17 trillion dollar economy there are only $1.5 trillion real and physical dollars in existence....world wide.

So no ability to move bits and bytes pretty affects everyone.


77 posted on 09/14/2014 12:47:18 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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