Re:FBI Looking for Hashflare Victims
by dragonwriter on Friday January 06, 2023 @06:31PM
(#34282901)
> The FDIC has already come perilously close to running out of money once.
The FDIC is legally backed by the full faith and credit of the United States, its liabilities beyond its own resources, to the extent that such may exist, are debts of the United States.
Which has a fundamental power to mint US currency, and thus cannot meaningfully “run out” of it.
The FDIC is legally backed by the full faith and credit of the United States, its liabilities beyond its own resources, to the extent that such may exist, are debts of the United States.
Which has a fundamental power to mint US currency, and thus cannot meaningfully “run out” of it.