Monday, July 13, 2015

RISING INTEREST RATES will benefit the banks

Expect INTEREST RATES TO RISE sooner than later

SAVINGS DEPOSITORS will also benefit

Only wish Aunt Janet would raise them rates a few points total

We all need to get away from this alternative news media fear of financial collapse especially as it relates to this business of BAIL-INS that is constantly thrown around as if we are going to have to pay for deposit privileges.  Perhaps if Aunt Janet gets on task quickly with these interest rates we could see banks back off from various fee for service charges and just be happy with their handsome amounts of fractional reserve lending.  Otherwise the greed factor will simply continue unchecked:

http://internationalbanker.com/comment/bofa-poised-to-benefit-from-rising-interest-rates/ 

...developing...