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To: Toddsterpatriot
Money in an FDIC insured bank account is risk free.

Right, I've got deal on a bridge for you too. I wonder what the amount of FDIC cash on hand is compared with its risk?

And you'll earn very little on those risk free deposits.

Folks would be earning about 5 times what they're earning now if the Fed wasn't manipulating the rate for their "TBTF" bankster cronies to gamble with.

81 posted on 12/25/2013 4:14:04 PM PST by Errant
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To: Errant
Money in an FDIC insured bank account is risk free.

Right, I've got deal on a bridge for you too.

Right. How much have customers, under the insurance limit, lost since the start of the crisis?

I wonder what the amount of FDIC cash on hand is compared with its risk?

Not a lot. So what? How many banks have failed this year? How much has the FDIC spent this year?

Folks would be earning about 5 times what they're earning now if the Fed wasn't manipulating the rate

If you say so.

83 posted on 12/25/2013 4:18:19 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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