Get out the jars and start burying it in the back yard.
Bad enough getting no interest when they star charging my money is coming out.
What’s particularly worrisome here is that if banks start charging depositors many people will want to pull their money out, at which time they will discover that due to fractional reserve lending most of that money isn’t actually there.
Any savings in US dollars are not safe.
“Bad enough getting no interest when they star charging my money is coming out.”
Me too. I ought to pull it out anyway. The risk/reward ratio is already to high as things stand now. Mattress would safer.
So yeah, if my banks charge me for borrowing my money, out it comes.
First Bank of Sealy