The Federal Reserve Has Already Imposed A ‘Cyprus Tax’ On U.S. Savers

The Fed Has Already Imposed A “Cyprus Tax” On U.S. Savers (StreetTalk Live, March 21, 2013)

 

1 thought on “The Federal Reserve Has Already Imposed A ‘Cyprus Tax’ On U.S. Savers

  1. I have believed this for a long time. Keeping interest rates abnormally low has hurt the savers, and helped the FED make the payments on the swelling national debt that nobody else is buying any longer. Squeeze the savers into the stock market so they can steal all their money. It is awful. All our equity in our houses are gone, less and less truly capitalistic opportunities because monopolies have taken over are available………so squeeze the money out of US savers in other ways. It is awful, but I see nothing being done to remedy the problem with the corrupt leadership we have.

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