Fed Policies Steal From Wage-Earners, Savers
When Federal Reserve comes to the “rescue,” you’re being robbed
Tag: savers
‘Bonkers’ Move Cuts Bank Guarantee By £10,000
‘Bank and building society customers stand to get £10,000 less if the financial institution they save with goes bust, the Bank of England has announced. Deposits have been protected up to £85,000 since 2010, under the Financial Services Compensation Scheme (FSCS). But the Bank said this level of compensation will be cut to £75,000 on […]
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Six years of flat interest rates has cost savers £130BILLION: Figure equates to £5,000 for every home in the UK
‘Savers have missed out on £130billion of interest payments as a result of ultra-low rates – around £5,000 for every household in the UK – a report reveals today. The Bank of England slashed interest […]