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FWIW we're used to thinking of bank deposits as risk free- but realize, FDIC insurance is capped at $250k! Bank deposits of large sums, then, carries some risk,
by sliverstorm 9y ago
FWIW we're used to thinking of bank deposits as risk free- but realize, FDIC insurance is capped at $250k! Bank deposits of large sums, then, carries some risk, which can be translated to cost/depreciation.
(I realize we're talking about German banks, and FDIC is a US institution)