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If the bank collapsed you'd lose because the bank has your paycheck in it.
by astrange 3y ago
If the bank collapsed you'd lose because the bank has your paycheck in it.
- flangola7 3y agoDeposits are insured for regular people amounts of money.
- astrange 3y agoNo, I mean your employer's payroll account, and their payroll processor's.
- diordiderot 3y agoPhysical and human capital is all still there. Who cares. https://youtu.be/HuepiJcMKoQ https://youtu.be/HuepiJcMKoQ
- astrange 3y agoThe human capital certainly wouldn't be there since they'd all quit when they don't get paid for weeks.
- freitzkriesler2 3y agoYeah id rather deal with a raging depression than this slow drip inflation reducing all of our standard of living. Pull the band-aid off.
- freitzkriesler2 3y agoMe thinks you need to look up what the FDIC does.
- astrange 3y agoYour employer's payroll account is larger than $250k.