Exactly. That’s what I was thinking. They’ve lost nearly half their holdings this year alone already, from what I’ve read. If this year keeps going like this, they gonna be down to zero, and then what? Print more money? It wouldn’t worth the paper it’s printed on.
Last I checked, FDIC only had $180 billion. The total bank deposits are 100 times that.
Exactly. That’s what I was thinking. They’ve lost nearly half their holdings this year alone already, from what I’ve read. If this year keeps going like this, they gonna be down to zero, and then what? Print more money? It wouldn’t worth the paper it’s printed on.