How and Why Banks Will Seize Deposits During the Next Crisis

The financial system is predominantly comprised of digital money. Actual physical Dollars bills and coins only amount to $1.36 trillion. This is only a little over 10% of the $10 trillion sitting in bank accounts. And it’s a tiny fraction of the $20 trillion in stocks, $38 trillion in bonds and $58 trillion in credit instruments floating around the system.





Read More: http://www.zerohedge.com/news/2015-10-06/how-and-why-banks-will-seize-deposits-during-next-crisis