@paulg FDIC Needs to Change to Unlimited Coverage to Stop Bank Runs and Treasury Needs to ... - Latest Tweet by Elon Musk
The latest Tweet by Elon Musk states, 'FDIC needs to change to unlimited coverage to stop bank runs and Treasury needs to stop issuing ridiculously high yield bills, such that it makes no sense to have money in a low interest rate bank “savings” account. Right now.'
FDIC needs to change to unlimited coverage to stop bank runs and Treasury needs to stop issuing ridiculously high yield bills, such that it makes no sense to have money in a low interest rate bank “savings” account. Right now.— Elon Musk (@elonmusk) March 18, 2023
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(The above story first appeared on LatestLY on Mar 18, 2023 03:13 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
