[tbpiper]

But inflation is nowhere to be seen.

Mr. Edwards obviously hasn't bought groceries in a while.

[ozzymandus]

Savers are already being punished with interest rates near zero. This isn’t how it’s supposed to work. If they try to charge me for keeping my money, I’ll keep it in a safe deposit box in cash. Of course, that’s practically illegal now, too.

[Dallas59]

BOA BS did this to me. Lost my job had no money coming in to the account, BOA would charge me $14 for a “service fee”...ran me negative and then charged me another $25 for being negative. Closed the account the next day. I will not argue with a crook.

[Pox]

But inflation is nowhere to be seen.

Regardless of what others claim on this forum, deflation is not in sight at this time, and inflation has been rampant over the last 7 years. The statement above in this article is absurd.

Yes, Oil prices are down, along with other energy prices, but that has in no way translated to common consumer items in this country.

The way I see it, the continuing claim of low to no inflation is simply being repeatedly stated to prepare the public for a much more visible inflation rate as there is no longer any other way to disguise what has been happening for many years now.

[Ciexyz]

Not fair to me as a retiree, I counted on that extra money.

[G Larry]

Credit Unions

[Jack Hydrazine]

CASHLESS SOCIETY: BIG BANKS REJECTING CASH
https://www.youtube.com/watch?v=5cEgxzXXKkQ

[Chgogal]

FYI

[Crucial]

This is bad. Run on the bank anyone?

[Jimmy Valentine]

No inflation? Bernanke and Yellen have flooded our economy with cash
Anybody been grocery shopping lately?

[trebb]

And the banks will get away with it because governments will enforce penalties for mass withdrawals and tighten up the "it's illegal to have so much cash on hand" treachery.

Now for a short public service announcement to all on FR:

I prefer Cruz and my money goes to his campaign, hence the Cruz link. If you like someone else, donate to him/her (find your own link to do it) and if you use FR and don't donate, then please don't complain about the welfare leeches or those who have Obama Phones because, functionally, you are no different.....

GO CRUZ!! Keep it up Trump!!

Donate to Cruz

Donate to FR

[nomad]

Well when that happens I`ll no longer have a bank account.

[eyeamok]

the more deposits they have, the more they can lend it to others” ???

Banks have NOT OPERATED like that since 1971, this guy is an IDIOT or just a a plain LIAR.

When you borrow money from a bank, the MONEY does NOT EXIST. The Fed gives them instant credit for the Promissary Note or Trust Deed you SIGNED. and the MONEY is CREATED OUT OF THIN AIR on the SPOT to meed the demands of said LOAN.

[Sirius Lee]

Credit unions. Most of the banks should have been wiped out 8 years ago. The looters treated the symptoms but not the economic disease.

[central_va]

Why is there a 4% spread between the Feds interest rate -0%- and the 30 year mortgage? Why can’t I go to the Feds and get some at 0% too?