How does this stop the banking crisis? If my funds were frozen and then unfrozen, does anybody think I’d leave my funds in the bank?
the majority of funds/accounts are not frozen and yes these idiots think people will leave their money in the bank now...unintended consequences from a knee jerk punishment..roflmao.
Some years ago I was in a dispute with the IRS, and they froze my bank account (which had money well in excess of what they claimed I owed).
Since then I made sure I had some cash in my gun safe.