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Savings accounts are FDIC insured up to $250,000. Many retirees hold government bonds, which aren't going to default. A consumer-debt jubilee mostly affects i
by sbierwagen 11y ago
Savings accounts are FDIC insured up to $250,000.
Many retirees hold government bonds, which aren't going to default.
A consumer-debt jubilee mostly affects investors, and maybe pension funds.
- forgetsusername 11y ago>Savings accounts are FDIC insured up to $250,000 So? Do you think that this sort of insurance is free, and can be called upon without economic consequence?
- golergka 11y ago> Savings accounts are FDIC insured up to $250,000. Where do you think this insurance comes from?