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It's less than 100 years since thousands of banks collapsed in the early 1930s and most depositors lost their money. The FDIC was created in 1933 and has preven
by tlb 6y ago
It's less than 100 years since thousands of banks collapsed in the early 1930s and most depositors lost their money. The FDIC was created in 1933 and has prevented losses since.
- arcticbull 6y agoIndeed, I was rounding, and poorly at that. Thanks for the correction!