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submitted 1 day ago by Garibaldee@lemm.ee to c/usa@midwest.social
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The bank's money is the capitalists' money; that's what they're loaning out to each other and investing into stocks. A mass bank run would run through Wall Street like a wildfire.

And the FDIC is the government bailing them out, that's the entire point of insuring money in bank accounts.

this post was submitted on 16 Dec 2024
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