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> For all practical purposes, trillions of dollars in deposits became insured by US tax payers this week. By the FDIC, not the tax payer.
by jacooper 4y ago
> For all practical purposes, trillions of dollars in deposits became insured by US tax payers this week.
By the FDIC, not the tax payer.
- TMWNN 4y agoSaid insurance is paid for by bank customers. The union of bank customers and taxpayers is 1.