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Re:FDIC set to take First Republic Bank into receivership by zdragnar on Saturday April 29, 2023 @02:11AM (#35750474)
Wealth is increased by what money can buy (availability and accessibility of goods), not by the number on the currency you hold.

If that was the case, then Zimbabwe made a massive mistake when switched to the US dollar after having had to print 1, 10 and 100 trillion dollar notes because inflation was pushing 230,000,000 percent.

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