J.P. Morgan Chase is now charging clients a 1% fee to deposit money – a move that is already common in the Eurozone, and is expected to gain traction in the United States. J.P. Morgan Chase’s “balance sheet utilization fee” is seen by many as a way to regulate the flow of cash, which is often seen as an enemy of financial regulators.
If you think that additional bank fees for holding your money (money that they use to make investments of their own) is bringing America one step closer to the end of the U.S. dollar, please Like & Share this post.
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US Government Waste