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Gary Zimmerman, MaxMyInterest - SVB, FDIC, & Improving ROI on Cash | #471

The Meb Faber Show - Better Investing

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Are You Protected on FDIC Insurance?

The FDIC insurance limit has grown with inflation over time, from $2,500 to 250,000. Gary Sick: We've introduced a moral hazard here and there's a risk of complacency in the U.S. He says we already have a very high level of deposit insurance; increasing it beyond that would be really solving for a small portion of country who already have other solutions at their disposal.

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