You’re probably thinking that inflationary devaluation of your savings
or paying negative interest rates on cash deposits is about as far as
government is willing to go in its efforts to keep funding its
debt-laden endeavors. They certainly wouldn’t consider touching the bank
accounts of hard working Americans. Only the Europeans have the
audacity to go after the savings of the average depositor.
Well, the Europeans and apparently now the Georgians, too. And we’re
not talking about the western backed country that went to war with
Russia in recent years.
We’re talking about the U.S. state that claims “Wisdom, Justice, Moderation” as its motto.
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