It’s called a “Financial Bunker”
It’s the favorite place of the commercial banks to stash their safest money.
It’s the money that must be invested in the safest type of assets so when the bank experiences financial losses, the have their safe money to fall back on.
Because of the special design of these financial bunker accounts. The Comptroller of The Currency advocates that banks position up to 25% of their “safe money” in them.
The commercial banks are creating massive TAX-FREE gains with these Financial Bunkers. They are using a little know section of the IRS code called 7702.
This section of the tax code is one of the most powerful financial secrets of the commercial banks, and elite wealthy.
Right now there is over 200 billion dollars owned by commercial banks sitting in these specially designed accounts.