The Federal Reserve Has Killed the Bank CD


This blogging site is not a fan of the Federal Reserve. The money printing that has gone on f

or the past decade is borderline criminal. As an investor I make money off of it but know it’s unstable.

One thing money printing has done is killed savings in local banks. The most common attraction for banks to offer customers was a bank CD (certificate of deposit). Here’s a better description from Wikipedia:

A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they are insured and thus virtually risk free; they are “money in the bank.

A common deposit one was a six month CD. Here is an example of how nice the rates used to be for investors compared to now via



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