Why Raising FDIC Insurance To Ten Million Dollars Is A Dangerous Mistake
Government
Steve Forbes explains why the Main Street Depositor Protection Act, which would raise the FDIC insurance limit from $250,000 to $10 million, would expose taxpayers to enormous risk, eliminate crucial market discipline, and primarily benefit wealthy corporations rather than ordinary Americans. Read the full story on Forbes: Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking
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