$30,000,000,000 Exits US Banking System in One Week As Deposit Flight Grows

New numbers from the Federal Reserve show the amount of money people are pulling out of their bank accounts is once again on the rise. According to stats compiled by the Federal Reserve Economic Data (FRED) system, depositors yanked $30 billion out of American bank accounts from May 10th through May 17th. That represents an … Continue reading $30,000,000,000 Exits US Banking System in One Week As Deposit Flight Grows