SMTS - Inflation is No Baloney

Nearly all savings accounts at U.S. banks are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, but beyond that, it makes less and less sense for savers and investors to use them. Households that continue to keep a significant portion of their wealth in the bank should be aware that inflation is eating their lunch at a rate I’ve personally never seen. Read More >>