4min snip

Honestly with Bari Weiss cover image

Bank Runs, Crypto Scams and World-Transforming AI with Tyler Cowen

Honestly with Bari Weiss

NOTE

The History and Limitations of FDIC Deposit Insurance

The FDIC has an insurance limit of $250,000/nThe limit was a political compromise and has changed over time/nThe unprotected parts of a large banking system can bring the system down/nThere's no ideal outcome for solving this contradiction/nThe speaker recommends not raising the protection limit at this time

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