Does the Federal Deposit Insurance Corporation Really Work?

No one has ever lost a penny of an f d i c insured bank account since it came into being. The government's saying, in exchange for fallowing the regulations where your back stop will make sure that everyone knows their money's good. Trust through a proven experience, right? Through a track record. That's how it works,. You don't just creae trust out of thin air by saying, o it's uno its code. It's like, you know, it just doesn't work that way.