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That’s the whole problem. It’s not about FDIC insurance - I’m happily using it and accepting the cost. It’s about arbitrary decision to guarantee funds beyond e
by justapassenger 3y ago
That’s the whole problem. It’s not about FDIC insurance - I’m happily using it and accepting the cost. It’s about arbitrary decision to guarantee funds beyond explicit FDIC limits and blowing up the cost.
- junofan 3y agoThe systemic risk exception is no secret. There are plenty of other places to put your money. This cost is not borne by taxpayers.
- apple4ever 3y agoThis article is about the government forcing the banks to pay, who will force it on their customers, who are taxpayers.