OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Re Bail Ins’ and Negative Yield Bonds

Posted by Mr.Copper @ 19:16 on August 2, 2016  

Re food for thought re paying fees or losing money on bank deposits. (a tax on wealth)

What is possibly evolving is similar to owning a home. (another form of savings) The higher the value of the property, the higher the property tax is.

Some states I hear do a similar thing with car registrations. The higher the value of the car, the higher the annual registration fee. (a tax)

So now, TPTB are saying we need to pay a property tax on our savings accounts, if we are wealthy enough to have one.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.