npub1smhgktylyuqqv9dlnxj0aq65s3fzesh2fku47g9z5r6qt9napgasp9hvr3 (npub1smh…hvr3)
>Put your money in a GSIB, because those are the banks that the fed has said they will bail out first.
That only matters if your balance exceeds the 250k of the FDIC insurance, right? I assume the FDIC will outlast any bailout assurances, though if the crunch-time comes, who knows what last longest.
Point is: don't put more than you can afford to lose in a savings account.
bullmousse /
npub1ce…h6h7f
2023-12-25 21:51:51
in reply to nevent1q…jlnj
Author Public Key
npub1ce6twa6apdaf8ymd4enzp7ylg7qvs9gvdwrvvj4xx35fe8els9fs4h6h7fPublished at
2023-12-25 21:51:51Event JSON
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"content": "nostr:npub1smhgktylyuqqv9dlnxj0aq65s3fzesh2fku47g9z5r6qt9napgasp9hvr3 \n\u003ePut your money in a GSIB, because those are the banks that the fed has said they will bail out first.\n\nThat only matters if your balance exceeds the 250k of the FDIC insurance, right? I assume the FDIC will outlast any bailout assurances, though if the crunch-time comes, who knows what last longest.\n\nPoint is: don't put more than you can afford to lose in a savings account.",
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