Can the FDIC actually guarantee 100% of the failing banks and is this according to plan?
1 year ago
96
ewr
kevin freeman
texas
gold-backed currency
what is legal tender
brian hughes
texas legislature
protecting against inflation
retirement savings
paying with gold
cbdc
Despite President Biden’s “pinky promise” that no taxpayer money would be used to bail out these banks, we don’t see how that’s entirely possible. The FDIC reserves have limits and SVB alone could require more than $100 billion from the reserve fund.
@ EconomicWarRoom
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