Question:

Do you trust the FDIC?

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How long does it take for the FDIC to come up with your money? Do they have enough money to cover many banks going under?

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2 ANSWERS


  1. Yes, the government can print as much money as it takes to cover FDIC.  That wont be good for inflation though.  I would not worry too much about having to use FDIC.


  2. I put all of my trust into them because if they fail we are going to experience something a million times worse than what the people in the great depression experienced. I believe they do have what it takes, but I would call it more faith than actual trust with all of the scamming going on in this country right now.
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