Replying to Avatar vnprc

FDIC insures deposits up to a quarter mill, it doesn't help the fat cat depositors and owners of bank equity. I'm not a financial expert, tho, so what do I know? 🤷

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vnprc 2y ago

https://twitter.com/jamiequint/status/1633956163565002752

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vnprc 2y ago

here's a better explainer. TL;DR it's the fat cats doing the bank run https://twitter.com/WilliamAEden/status/1633980802676715520

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