David Stockman on the Banking Ponzi Scheme That’s Savaging Depositors | STRAIGHT LINE LOGIC

https://straightlinelogic.com/2021/10/01/david-stockman-on-the-banking-ponzi-scheme-thats-savaging-depositors/ Banks are not paying enough interest to compensate good old-fashioned savers for the depreciation of their dollars due to inflation. From David Stockman at internationalman.com: Stockman The toxic effects of the Fed’s relentless interest rate repression are many, but among the worst has been the absolute savaging of bank depositors. Interest rates on 12-month […]

David Stockman on the Banking Ponzi Scheme That’s Savaging Depositors | STRAIGHT LINE LOGIC

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