Wed 25 Mar 2020
FDIC IS THE SAFEST PLACE FOR YOUR MONEY!
Posted by RichSlick under Financial Safety
Comments Off on FDIC IS THE SAFEST PLACE FOR YOUR MONEY!
Well just a few days ago I wrote how FDIC should have raised their insurance coverage limit from $250,000 to $350,000 to adjust for inflation since the last time it was adjusted was in 2008 with the last financial crash. Here we go again.
I hope they raise the limit because I’ve already pulled cash out of the bank for that very reason. Now that I see this video has been posted on the internet, I can only surmise that there is a slow bank “crawl” rather than a bank run but who knows.
In any event, here is the video.