Great post. We have all been ripped off big time. Slightly different tactic here in the U.S., but similar result to the Cypriot confiscation scheme.
“Great post. We have all been ripped off big time. Slightly different tactic here in the U.S., but similar result to the Cypriot confiscation scheme.”
Basically, this is also what stagflation does. Stagflation is a very dirty word in economics, so one way that it has been hidden is by the absolute BS government inflation figures.
The only difference is that in Cypress they are stealing the Principle and the interest,
But yes we are being ripped off.