3 ms·
I'll just copy one of my previous comments on this, but this time I'll leave out the /s "Hey, the FDIC coould raise the limit to, say, 10 million, and just let
by wheelerof4te 4y ago
I'll just copy one of my previous comments on this, but this time I'll leave out the /s
"Hey, the FDIC coould raise the limit to, say, 10 million, and just let the FED reserve print out the moneys to everyone.
Not much different than what the US government is already doing. Reached the debt limit? Just raise it again, lol."
- sebzim4500 4y agoThis but unironically. In Germany the government guarantees every deposit in a regulated bank. The US should do the same, even if that means substantially tightening the regulations on banks.