Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2020-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The FDIC Has Not Caused the American Taxpayer a Dime

The FDIC has not caused the American taxpayer a dime. It's been a mutual insurance company of the banks backed by the federal government. The Great Depression lasted a very long time, but it lasted a lot longer in the minds of people than it did, actually, in its effects. World War II came along and we adopted Keynesianism.

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