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It'll have to come out of somewhere, if it wasn't the government maybe some insurance company would pay, but unlike the Fed they can't print money either, so pr
by maccolgan 5y ago
It'll have to come out of somewhere, if it wasn't the government maybe some insurance company would pay, but unlike the Fed they can't print money either, so premiums will go up regardless, everyone pays in any case. Flint, MI is functionally bankrupt anyway so I don't think they'd have been able to charge higher premiums anyway.