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They're Coming For Your Bank Account

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They're Coming For Your Bank Account

Here's what we can do to prepare

John Rubino
Jun 18, 2023
∙ Paid
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They're Coming For Your Bank Account

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Two trends are converging to end the era of local bank accounts:

  1. Central banks are conspiring to force us out of traditional savings and checking accounts and into central bank digital currencies (CBDCs).

  2. Deposits are now fleeing local and regional banks because an inverted yield curve makes it impossible for those banks to pay competitive interest rates…

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