A question to ACists about money.

[Borodog]

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Massive disinformation is committed to make regular people believe the fraud. True some of the more well informed understand what is going on, but do you really think the average person does.

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For someone so well informed you obviously have no clue about how the FDIC works. Deposit insurance is not "protected by the governements ability to print money", it is a real insurance fund like any other insurance fund. Banks are charged a premium commensurate to their level of risk and those premiums are held in accounts to pay for bank failures. New money isnt printed to replace lost assets.

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This is the funniest thing I've read all day.

Hint: There are is far more money ledgered in people's accounts than there exists paper dollars to cover them. The reason the FDIC exists is to "insure" against bank runs. What exactly do you think would happen in the event of a run on the national banking system, when all the depositors show up demanding their money that doesn't exist?

Get a clue or stop posting about these things.