[Alberta's Child]

The money was created before it was ever deposited in a bank.

I never thought I’d see the day when putting money in a bank that built its reserves on long-term U.S. Treasury bonds would be considered “reckless behavior” by any of the parties involved.

[Theoria]

The system was 250k. That was the deal.

This is rewards the people who didn’t plan for such conditions and now are able to have their money insured by the gov with no premium paid on such risks. What a deal.