The FDIC Insurance Limit Is 250 K

The Federal Reserve seems to be on the slippery slope, at the bottom of the slope of which is the announcement that now all deposits are funded up to the number infinity. The FDIC doesn't necessarily have the money to do it. It's an insurance company. Insurance companies go bankrupt if they don't have it. If everybody gets sick at the same time, no health insurance company can remain solvent. That's really what the Fed is trying to do here. It's trying to prevent the kind of prisoner's dilemma psychology that leads to bank runs in the first place.