Tag: banking
Why Your Money May Not Be Safe in a Digital Bank, Even If It’s FDIC-Insured | Lifehacker
You money is actually not safe in any bank, even if it is FDIC-Insured. Reach out if want to learn more and a better place to save and store your safe money to protect yourself and your family. Source: Why Your Money May Not Be Safe in a Digital Bank, Even If It’s FDIC-Insured |… Continue reading Why Your Money May Not Be Safe in a Digital Bank, Even If It’s FDIC-Insured | Lifehacker
The Economics Of “It’s A Wonderful Life” | ZeroHedge
Great movie to watch and rewatch not just about life lessons, but the underlying message on how banking works and fails the pending doom ahead for the banking system and economy when the next run on banks takes place, it will make 2008 financial crisis look like a mild correction. Ask me how you can… Continue reading The Economics Of “It’s A Wonderful Life” | ZeroHedge
Government Spending Will Cause the Next Financial Crisis | Mises Institute
Source: Government Spending Will Cause the Next Financial Crisis | Mises Institute
(204) Tucker & Dave Debate: Revolution of Banking – YouTube
Both Dave and Tucker are on to something here, but there is a much better solution. You do not need to stop paying your loans and ruin your credit and life. Dave is closer to the best solution…take your money out of the corrupt and inflationary retail and commercial banking systems and create your own… Continue reading (204) Tucker & Dave Debate: Revolution of Banking – YouTube
Frank, 6 reasons your 401(k) is a SCAM
Source: Frank, 6 reasons your 401(k) is a SCAM
Basel III: The US has started a race to the bottom
More rule changes for banks that will allow them to “REDUCE CAPITAL REQUIREMENTS.” As I have said for years now, banks are all insolvent and involved in the biggest ponzi scheme in U.S. history since removing the gold standard in 1971. It is a house of cards that ends badly for everyone. Source: Basel… Continue reading Basel III: The US has started a race to the bottom
How much money should you keep in a savings account?
While I might agree that you should save 6-12 months of income, you should not be keeping it in a savings account or any bank for that matter. When you understand our the banking system works (it is inflationary and insolvent, backed by nothing), banks are the worst place to save and store your safe… Continue reading How much money should you keep in a savings account?