
Pakistonomy - Episode 149 - Is the US on the brink of another financial crisis?
Pakistonomy
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The Dangers of Blanketing Ensuring Bank Deposits
"It would be a very dangerous precedent from a moral hazard standpoint to simply blanket ensure all bank deposits at this point," he says. "The amount of deposits in the banking system is, I don't know what it is, it's probably like tripled or quadrupled" The $250,000 limit will likely be reevaluated over time as prices have doubled since 2008 and more scrutiny on regional banks may need to be given.
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