Negative Deposit Interest Rates: Fed & Banks increasingly take, not just use, your savings

Cyprus suddenly imposed a deposit tax levy as much as 20% for large balances.



Meanwhile, UK & US assure the public that would never happen in their countries.

However a glance at US TIP real yield rates show otherwise. So much for inflation protection!

www.treasury.gov...

Todays securities, tomorrow's student savings accounts & college funds!