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I don't really see it. FDIC insurance promises to give you dollars. Worst case, they just start the presses. A precipitous drop in the value of the dollar woul
by JoachimSchipper 15y ago
I don't really see it. FDIC insurance promises to give you dollars. Worst case, they just start the presses.
A precipitous drop in the value of the dollar would be unpleasant (including for for Americans with savings), but I don't see what FDIC has to do with it.