Re:Joint Statement by the Department of the Treasury, Federa...
by sebzim4500 on Monday March 13, 2023 @10:59AM
(#35136600)
This but unironically. In Germany the government guarantees every deposit in a regulated bank. The US should do the same, even if that means substantially tightening the regulations on banks.
"Hey, the FDIC coould raise the limit to, say, 10 million, and just let the FED reserve print out the moneys to everyone. Not much different than what the US government is already doing. Reached the debt limit? Just raise it again, lol."