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re: Get ready for the Fed to make a horrible move cutting rates just to help Joey and Kamala.
Posted on 3/26/24 at 12:41 am to Timeoday
Posted on 3/26/24 at 12:41 am to Timeoday
quote:That’s wrong by a factor of almost 100%. As of March 1 the total FDIC insured deposits were about $10.5 trillion. And total U.S. commercial bank assets available to cover those deposits equals $23.3 trillion.
the FDIC is essentially guaranteeing over $20 trillion in deposits
You continue to be clueless about anything related to financial markets.
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