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Lapel, In | It won't take a massive number of bank failures to wipe out FDIC funds, meaning people with money on deposit will be SOL. so don't cont on your money being there. The only option for the fed will to be print gobs of money to fund the FDIC or let nature take its course and we all know that won't happen short of a miracle. That, in my opinion, will bring on the hyperinflation we know is lurking out there | |
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