This is our sixth book in the The Coming Series, and it has to do with helping Americans protect and build their life savings. In our previous books, we've discussed the weaknesses of the US banking system - including the newly instituted "bail in" program, hyperinflation, expatriation, and protecting oneself by investing in gold. This book is different. It spells out what global banks intend to do with our savings during the next banking crisis.
Americans, including ourselves, feel that when we put our money in our local bank, the money we put in is ours. Not anymore! Once the teller takes your money and gives you the deposit slip, it becomes the bank's money. Chapter one explains the new rules that we all must live with as of November 2014.
John and Monica Miller are Americans living in Auckland, New Zealand. Besides writing books to help Americans get their investments and savings out of harm's way, they write a weekly newsletter, provide free financial advice, and answer all emails. With regard to this book, the Millers say Americans must quickly learn the new banking rules and take appropriate measures to protect themselves - and fast!
For listeners who need some assistance in getting some of your savings out of harm's way, please write us an email at email@example.com or firstname.lastname@example.org. Monica and I will do our best to answer all your questions and concerns. Now, there is no need for you to travel to New Zealand or Australia to open a savings account, as we did. It can all be done easily and safely using the Internet.
Presently, New Zealand's CDs are paying 3.6 percent interest (per year), and you only have to hold them for one month (as opposed to one to five years in America). As a further safety measure, your CDs are purchased within a "custodian account".