Savings Account Archives - Rethinking the Dollar

THE CASH BACK HOAX: You Can’t Earn By Spending

Sep 15, 2022 | Financial Literacy, Monetary Education, Uncategorized

It doesn’t take much these days to fool the population on the subject of money. Even if it means forgoing the idea of saving money for cash back instead. Who would think that by hiring celebrities to endorse banks with cash back credit cards, that spending your...

Americans Believe Pandemic Economy Is Worse than 2008 Recession

Oct 23, 2020 | Economic Collapse

Fifty-one percent of American adults consider the coronavirus pandemic economy worse than the 2008 recession, according to findings of a new survey from Edelman Financial Engines. Twenty-six percent of respondents reported that they had withdrawn money from their...

You don’t have a savings account. You have a dwindling account

Jun 25, 2020 | Economic Collapse

On April 5, 1933 everyone’s favorite fascist, President Franklin D. Roosevelt, signed an executive order which outlawed the private ownership of gold. To justify the seizure, FDR used wartime authorities under the “Trading with the Enemy Act of 1917”. The law was...