Maybe a dumb question, but why wouldn't the FDIC just require banks to pay to insure 100% of their deposits? Instead of just 250k?
I mean, I own a retail business and I pay to insure 100% of my inventory plus 3 months revenue.
The only reason I can imagine is that it would be so expensive that banks wouldn't be able to make a profit unless they reduced their risk. Maybe by reducing their leverage.
Somehow they con taxpayers to foot the bill or the citizenry through debasement.
darnzen /
npub10x…wya8k
2023-03-17 05:00:31
in reply to nevent1q…vc6d
Author Public Key
npub10x3e4kfqmkcxs46mj8qcj5eyq37a5s7jhldp8pvt39xy7et69fjsewya8kPublished at
2023-03-17 05:00:31Event JSON
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