FDIC orders another banking system bailout. Printing money while inflation is 6+%! - Kotaku In Action 2

FDIC orders another banking system bailout. Printing money while inflation is 6+%! (www.zerohedge.com)

posted 1 year ago by IlhansBrother 1 year ago by IlhansBrother +41 / -0

Fed Panics: Signature Bank Closed By Regulators; Fed, TSY, FDIC Announce Another Banking System Bailout

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– GeneralBoobs 13 points 1 year ago +13 / -0

Good news, everyone! The rich will get their money after all.

And all the funding will be paid for not by the tax payer but

Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

The dumb sons of bitches who have accounts with FDIC insured banks! God bless the Fed!

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– current_horror 12 points 1 year ago +12 / -0

Nothing makes me want to keep my money in the bank like knowing they’re about to nickel and dime me in order to pay off lost deposits for billionaires.

The financial and banking systems need to be burned to the ground.

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