48 Yellen reveals she doesn’t understand how insuring ONLY depositors at megabanks crushes small banks…. (twitter.com) posted 1 year ago by IlhansBrother 1 year ago by IlhansBrother +48 / -0 36 comments share 36 comments share save hide report block hide replies
Here's a simple solution that I'm not sure why it's not already the standard: any bank that, in the assessment of the FDIC, would trigger a systemic failure of the banking system were it to collapse needs to insure all it's accounts.
The FDIC would be bribed to make wrong assessments.
Great. Still benefits them. More bribes for the FDIC and less money banks control