The FDIC Starts on January 1, 1934. And I'll Just Let Your Bill Run

America was marked down 83% in two years and 89% of the peak. In that intervening period, less than one year after I was born, my dad went to the bank where he worked and had his account closed. If we'd had the FDIC 10 years earlier, the FDIC started on January 1, 1934. That was my grandfather's. He cared about his family, but he wasn't going to go crazy.