The only two rules are the feds go after anyone with $10,000 or more on hand and the locals are looking to steal anything they can under any excuse. How you handle the local government thieves is up to you. If you don't have recall your screwed and living in a slave state . Get it. How its handled federal level is up to all of us but if your choice is supporting Comrade Clinton don't look for thanks from any decent citizen.

Answer #2. On October 8th if just enough people are angry enough and not afraid of the big bad Lame stream media.

It ends when there is no profit nor othe gain only loss in buying T Bills and the like. Some of those folks make huge profits on one tenth of a percent margins. But not on negative nothing.

The investors can't afford to lollygag their funds. What they see if the fear of last resort and start looking for a solvent hard currency and and some room to make money on the spreads. With the US Dollar they have to make the spread AND make up for the fall in value. It's not possible with parked currency. Nor is it possible by taking money out of the economy. which is the other thing T Bill parking does.

No matter what Grandma tells you. Her tax and spend program is going to make zero interest even 1to 5% interest

But as for FDIC? $250,000 is half a new house downpayment for the middle class.

True but did they specifically attack the elderly on limited pensions or just anybody who wanted to store their coins. Think of all the government retirees not just military and all the civilian retirees whose pensions were traded by using inflation, devaluation and debt repudiation.

Not quite the same deal. Retirees don't have money sitting in an account they get it every month. Over to you....I'm out of my depth after my comment somewhere around here

First the unemployment rate took a dive to 4.9 using the government formula which is labor pool minus 10% and then 4.9% of the 90% for 85.51% That is the true unemployment rate. The 10% Mulligan was put in place by President Clinton to replace the 5% Mulligan which started right after WWII. keep that in mind.

Negative interest rate. Everyone knows what postive rates are so here's the other two Zero percent and negative percent.

Zero percent investment rate -

When applied to T Bills means park your money here at no cost for specified periods of time.

The advantage over a bank? Banks have an FDIC limit of $250,000. If they go broke that's all you get Not applicable to most. But very important to those with heavy money to park somewhere. Perhaps while waiting for a positive investment in the works somewhere.

The advantage is except for loss of buying power or devaluation the money is intact. If your bank goes under you get $250,000. If it's T Bills get the entire amount but it's worth is less than before. So it's a hedge with smaller loss.

Why is that. US Government cannot afford to lose those big money investments in T Bills. Once they default there is no way short of selling off Alaska to secure a loan. That's why zero interest exists.

Negative Interest Loans or Treasury Bills.

Same thing except they charge you for the devaluation insurance. Easiest way to say it. You lose a portion of the principle and any devaluation in buying power.

So it depends on how much the government sells of these negative interest I guess bonds are the correct word and at what cost or fee. If the likelihood of another crash is high which at this time it is exactly tht as the 10 trilion Bush/Obama debt is coming due. 2008 Redux or Great Recession II as they call it it means the cost of that expensive lunch will go, once again, straight to the elderly, pensioners including the unfunded military pensions.

That part is called debt repudiation or refusal to honor the debt owed.

Can they afford to do that? How many suckers are there in the world with that kind of investment money. Lump them all under Investment Banks or Nations.

Yes Mr. Francois of Luxembourg National or Yes Mr. China or Mr. England. You wish to park 100,000,000 at minus one percent? Your account is now 99 million. Perhaps per year perhaps for three days who knows?

Three days later. Here is your 99 million minus 10% drop in buying power. So you can go out and buy. 89.1 million of whatever.

Not only will we pass on the cost of the devaluation as a debt repudiation to those who can't argue the point and we won't add it into COLA, we have your million. See you in three days?

TANSTAAFL There Ain't No Such Thing As A Free Lunch. Somebody has to produce that lunch. Their name is Elderly or Retirees,

Wait a minute. It isn't enough!!!

So whose next in line? Those within five years of retirement? Possible. How? Cut the military and many of them will lose their retirement since they didn't do the full twenty. That cancels that unfunded debt.

Whose next? Cut back Government employees, No problem we don't lay them off we just quit hiring..

What else? A tax on retirement accounts?

Where does it end?