3 ms·
Who assumes that a bank account over the FDIC limit is safe? And who cares if rich people take a haircut in a recession?
by lonelappde 6y ago
Who assumes that a bank account over the FDIC limit is safe?
And who cares if rich people take a haircut in a recession?
- dodobirdlord 6y agoPeople who want to head off a financial panic. A compounding panic makes it difficult to address the underlying cause of financial issues that triggered the panic in the first place.