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Reply #5: This is a really silly topic. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Kurt_and_Hunter

(1000+ posts) Send PM | Profile | Ignore

Mon Sep-15-08 01:28 PM
Response to Original message

5. This is a really silly topic.

Your FDIC insured bank deposits are fine.

People say, what if the FDIC doesn't have enough money? In that extreme circumstance then more money will be borrowed or printed.

More borrowing or increasing the money supply are not good for the dollar, but those effects are felt by all dollars, even if stuffed in a mattress.

Anyone who talks about potential insolvency of insured bank deposits is a malicious trouble-maker. It is a profoundly anti-social behavior.

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