Thread: Bank accounts may no longer be insured
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Old 03-05-2009, 01:03 PM  
Splum
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Join Date: May 2003
Location: USA
Posts: 6,195
Quote:
Originally Posted by jalami View Post
Very simple... if shit hits the fan the Fed will create dollars to meet FDIC's obligations. FDIC guarantees up to $250,000 in your bank account, but nobody guarantees how much $250,000 will actually be worth when this is all over.
Haha thats funny.... and sad.
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