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FDIC insurance was added partway through the Great Depression. So yes, people lost money, but that’s because the current system didn’t exist. Also, good luck f
by yojo 4y ago
FDIC insurance was added partway through the Great Depression. So yes, people lost money, but that’s because the current system didn’t exist.
Also, good luck finding someone who lived during the Great Depression and carried a bank balance at the time. They’d have to be 100+ years old!