There are roughly $17.2T deposits at banks in the US.
The FDIC Deposit Insurance Fund has about $100B in it.
-> 0.58% insured deposits
It’s all gonna be ok, the banks are being made whole.
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🖨️ will safe us all 😇
Imagine how much they will need to print to pay deposited if more than 1% of our banks collapse… OR they won’t print and pay depositors back..
Yes, all ways lead to the 🖨️ and the amount they have to print will be staggering 🤯
