D dockingtrade Registered User Messages 342 16 Jul 2009 #1 If the IMF came in and did the big chop, letting people go & pay cuts. Could/would they take a % of all money on deposit like a crude wealth tax.
If the IMF came in and did the big chop, letting people go & pay cuts. Could/would they take a % of all money on deposit like a crude wealth tax.
L Lightning Registered User Messages 5,509 16 Jul 2009 #2 Highly highly unlikely. As far as I am aware, the IMF have never done this before.
C coin Registered User Messages 49 22 Jul 2009 #3 So basically the main danger to savings would be inflation?
P paddy26 Registered User Messages 87 22 Jul 2009 #4 Yes but as we are in the Euro we wont have Iceland like inflation