FDIC insurance is a fractional reserve itself. They insure 9,960 Billion deposits and they hold 125 billion in the insurance fund. That's 1%
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html
FDIC insurance is a fractional reserve itself. They insure 9,960 Billion deposits and they hold 125 billion in the insurance fund. That's 1%
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html