Why do we need banks anymore?
Tell me something, why would anyone want to keep Money in the bank nowadays?
Bank of America will now be charging customers that don’t keep at least a $1500 balance in their checking account $12/month to hold your money. You are better off keeping cash under your mattress and just pay the inflation tax. I will happily pay the $12 extortion to keep as much money out of the bank as possible, until I don’t need them anymore which will be soon!
Banks will soon price themselves out of existence by constantly robbing from their customers. As I have always been saying, BECOME YOUR OWN BANK! Cryptocurrencies, Precious Metals and other Hard Assets are the only way to preserve wealth in a world of robbery.