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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by sebzim4500 on Monday March 13, 2023 @11:04AM (#35136671)
Because even a single dollar disappearing from someone's bank account will drastically decrease confidence in the US banking sector. Modern society requires people to trust banks, if everyone tries to pull their funds and hide it under their mattress we are fucked.
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Re:Joint Statement by the Department of the Treasury, Federa... by yunwal on Monday March 13, 2023 @03:54PM (#35141524)
As opposed to decreasing trust in the government, which will now be seen as an institution that takes money from normal people and allocates it to those who confuse real money with Monopoly money.
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