Home > It's all about money, The effect of low interest rates, Why it's all gone horribly wrong? > US retail banking system still desperate for cash…

US retail banking system still desperate for cash…


Bank of America Weighs New Set of Fees – WSJ.com.

The latest attempt by Bank of America to rebuild at a time of low interest rates, is to tap the customer again.

Perhaps a rise in interest rates wouldn’t be such a bad thing, as it would at least start to generate cash for the beleaguered saver. In turn this could boost the economy and help to erode debt.

Common sense, don’t leave home without it.

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