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Negative Deposit Interest Rates: Fed & Banks increasingly take, not just use, your savings

page: 1

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posted on Apr, 22 2013 @ 11:15 PM
Cyprus suddenly imposed a deposit tax levy as much as 20% for large balances.

Meanwhile, UK & US assure the public that would never happen in their countries.

However a glance at US TIP real yield rates show otherwise. So much for inflation protection!

Todays securities, tomorrow's student savings accounts & college funds!


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