4 ms·
If the organization underwriting the insurance is implicitly and explicitly insured (too big to fail) by the US govt, it might as well be magic pixie dust!
by Phlarp 10y ago
If the organization underwriting the insurance is implicitly and explicitly insured (too big to fail) by the US govt, it might as well be magic pixie dust!
- TrevorJ 10y agoThat really just highlights how scary fiat currency is.