Anonymous ID: 2af954 April 27, 2020, 7:34 p.m. No.8943556   🗄️.is đź”—kun

>>8943503

>The bunker wasn't just a storage place for doomsday economists, it also housed the Culpeper Switch, the central node in the Fedwire system that enables electronic bank transfers.

ty anon. had heard of that…"the switch" long ago but not it's location or name.

Anonymous ID: 2af954 April 27, 2020, 7:42 p.m. No.8943636   🗄️.is đź”—kun   >>3702 >>3779

>>8943567

The Culpeper Switch

 

Nestled in the hills of Culpeper County, Virginia, near some of the major battles of the Civil War, is the Federal Reserve System's Communications and Research Center - home of the Culpeper Switch.

 

Housed in a highly secured, concrete and steel building carved into Mount Pony, the switch plays an integral role in helping to insure the smooth transfer of funds and United States government securities among Federal Reserve member commercial banks throughout the nation - a prerequisite for a properly functioning banking and credit system.

 

The information and drawings above have been taken from a 1975 brochure on the Culpeper Switch, published by the Federal Reserve Banks of New York and Richmond.

https://www.culpepperconnections.com/archives/va/culpeper_switch.htm

 

The Fed's Cold War Bunker Had $4 Billion Cash For After The Apocalypse

 

New York and DC are piles of ash, but at least your checks are clearing. That was the idea behind the Culpeper Switch, a sprawling bunker built by the Federal Reserve to keep the banks running after nuclear apocalypse. But even some Cold War-era politicians thought it was silly.

 

The compound was built just outside the small town of Culpeper, Virginia, near Mount Pony, in 1969. The 135,000 square foot facility was officially called the Federal Reserve System’s Communications and Records Center, and it housed about $4 billion of American currency during the 1970s — currency sitting in what was reportedly the world’s largest single-floor vault at the time.

A bank for the end of the world

 

The underground compound was supposed to serve as the country’s Federal Reserve headquarters in case of a nuclear war with the Soviet Union. If things were looking particularly dicey with the Reds, a select group of Federal Reserve employees and their families were instructed to hightail it over to the Culpeper Switch.

 

Aside from holding an insane amount of cash, the Culpeper Switch was also the nerve center for a state-of-the art national computer network. This network, sometimes called the FedWire, would let the country’s banks talk to each other and exchange money just as they had before all-out nuclear war had reared its radioactive head.

 

But what good is $4 billion in currency and a national computer network if most of the United States looks like a scene from one of the Twilight Zone’s darker episodes? That’s what many politicians couldn’t help but ask. Despite the fact that a new executive order signed by President Nixon in 1969 explicitly called on the Fed to make just those kinds of preparations.

In many ways, the $6 million building (in 1969 dollars) was quite impressive. It had its own air filtration system, its own power generators, and about a month’s worth of freeze-dried food for 400 people. The facility had just 200 beds, but planners explained it would be a “hot bed” scenario, where the residents would take turns sleeping. The Culpeper Switch also had a gun range, a helicopter pad, and a cold storage area for any dead bodies that couldn’t be buried while the world was turning to shit outside.

 

But the facility wasn’t just for use in the post-apocalyptic future. It was actively used by the Federal Reserve to route and monitor financial transactions from America’s banks throughout the 1970s and 80s. The building was dedicated in December 1969 and by August of the following year it was routing financial transactions between 5,700 banks all around the country. By the mid-1970s it was processing 25,000 messages an hour through the facility’s four computers.

 

It may have been designed with the apocalypse in mind, but the Fed was going to be damned sure it got its money’s worth during those pre-apocalypse years.

moar

https://paleofuture.gizmodo.com/the-feds-cold-war-bunker-had-4-billion-cash-for-after-1699204253