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lake3054

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"When the idea (of taking people's savings)......

in response to

Re: "...and I hope the people of Newtown don’t have it crash on their head later"

lake3054

posted on Mar 21, 2013 07:35PM

comes to the US (wait... it already has).."

Someone else gets it too.

The Fed Has Already Imposed A "Cyprus Tax" On U.S. Savers

Submitted by Tyler Durden on 03/21/2013 - 19:19

.."Here is the point of this discussion. The continued drive by the Fed's monetary policies to artificially suppress interest rates to create a negative interest rate environment for savers is a defacto "tax" on savings as shown in the chart below."

.."So, can the U.S. potentially have a direct tax on savings? It's already happened."

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