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Not to people who have seen banks fail. Like the elderly who watched their parent's life-savings disappear during the 1930's market crash (the FDIC insurance la
by chiph 8y ago
Not to people who have seen banks fail. Like the elderly who watched their parent's life-savings disappear during the 1930's market crash (the FDIC insurance law was enacted afterwards). Or people who used to live in totalitarian states and cash was the best way to have savings.