Federal Reserve Delays Taper Continues Debasement
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http://www.interleads.net/classified.../profile/85579 - http://qfiles.org/?url=http://www.usafreeclassifieds.org/classifieds/user/profile/86469. A exercise on Argentine bank deposits happened in 2001. The natives were understandably restless with the continued failure inside their government's economic policies. People wanted to leave the Argentine peso for that refuge on the USD. While might expect, the government froze accounts for around a year and Federal Reserve Delays Taper - Continues Debasement limited customer withdrawals. Recently we had something similar occur in Cyprus when rumors began swirling about deposit confiscation in order to deal with the poor http://allaboutfirelighters.qhub.com/member/1585423 financial state of banks because they country. In similar fashion, the government of that country took measures to limit withdrawals and the rumors became fact. Depositors did generate losses though if there was used was the more euphemistic "tax".
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