SLP467 An Unsustainable Fiscal Path with James Lavish
Stephan Livera Podcast
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Dodd-Frank and the FDIC
The FDIC in their insurance fund only has a tiny percent, it's like 1%, or less than 1% of total bank deposits. They wouldn't be able to make it whole if this would have started happening on a more regular basis. So now what do we see? Well, we see the biggest banks gathering depositors, gathering these company and corporate accounts. And that way, you know, so what happens? Well, the large banks get larger.
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