Is Your Money Really Safe in the Bank?
Seems that even financial gurus are hurting in this economic downturn. Suze Orman recently teamed up with the FDIC in an endorsement campaign engineered to assure you that your money is safe in US banks. But as Robert says in his latest Conspiracy of the Rich bulletin, while your money might be physically safe in the bank – you could still be losing.
"Suze claims that no one has lost money deposited in a bank that was insured by the FDIC. That may be true, but how do you define losing money? The true picture is that the Fed is printing trillions of dollars. This means you may not be losing your dollars, but your dollars are being diluted with trillions in counterfeit money. Parking your dollars in an insured bank causes them to lose purchasing power as commodities such as gold and oil are going up in price. "
– Excerpt from Robert’s Conspiracy of the Rich Bulletin
Learn how to protect your money better than the FDIC ever could.
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