Learn how the government shutdown and recent Federal Reserve actions are putting pressure on banks, credit, and everyday savings. Discover how rising debt, missed payments, and tightening liquidity could impact retirees, seniors, Social Security, and the broader economy.
The main topics covered include how the government shutdown and the Federal Reserve’s emergency lending to banks could affect everyday savings, Social Security, Medicare, and the U.S. economy. You will learn what the Standing Repo Facility is, why banks are suddenly borrowing billions, and how this connects to liquidity problems, rising interest rates, delayed payments, and financial confidence. The discussion explains how high credit card debt, missed payments, and tightening credit can lead to bank runs and why this situation echoes 2008 and 2019 financial crises. It focuses on retirement savings, inflation risks, and the fragile balance between government spending and financial stability. This gives a clear view of what’s happening, why it matters, and what it could mean for your money.
Government Shutdown: Why Your Bank Savings Might Not Be Safe
🆓Help finding a Medicare plan is ALWAYS FREE! Call 615-639-1937 for our Medicare partner, Chapter Medicare or click here
Lesson Resource
- Teaching Lesson – Teaching lesson plans related to this lesson.
Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.
If you need help with Medicare, please contact Medicare, your local State Health Insurance Program (SHIP), your current Medicare insurance agent/broker/plan, or feel free to contact my Medicare partner, Chapter, at 615-639-1937. Chapter: Memoir, Inc. d/b/a Chapter is a privately-owned, data and technology-enabled advisory that helps older Americans navigate retirement. Insurance agency services are provided by Chapter Advisory, LLC, a licensed health insurance agency and wholly owned subsidiary of Memoir, Inc. In California, Chapter Advisory, LLC does business as Chapter Insurance Services (Lic. No. 6003691).
Chapter and its affiliates are not connected with or endorsed by any government entity or the federal Medicare program. Chapter Advisory, LLC represents Medicare Advantage HMO, PPO, and PFFS organizations and stand alone prescription drug plans that have a Medicare contract. Enrollment depends on the plan’s contract renewal. While we have a database of every Medicare plan nationwide and can help you to search among all plans, we have contracts with many but not all plans. As a result, we do not offer every plan available in your area. Currently we represent 50 organizations which offer 18,160 products nationwide. We search and recommend all plans, even those we don’t directly offer. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options.
