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Another question is why bother having any explicit limits on FDIC coverage if there's effectively no actual limits on FDIC coverage.
by cryptonector 4y ago
Another question is why bother having any explicit limits on FDIC coverage if there's effectively no actual limits on FDIC coverage.
- ac29 4y agoBecause spreading risk across multiple banks is an intended feature of the insurance limit, and reduces overall risk to the banking sector.