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How the Fed Killed off the Saving Account

  ( Original )
JUN 5, 2017

ORIGINAL SOURCE: Less Than Zero: How The Fed Killed Saving by Adam Taggart of peakprosperity.com on 5/19/17


If you put $100 grand in the bank you would be getting around $60.00 a year in return. The 12-month inflation rate of 2.2%, your "savings" account has a negative (-2.14%) rate of return. Your savings account loses purchasing power over time.

Over time Gold and Silver make a better savings account.

Please read the rest here; Less Than Zero: How The Fed Killed Saving