"FDIC’s Deposit Insurance Fund
Full Faith and Credit of U.S.
Government FDIC deposit insurance is backed by the full faith and credit of the United States government. This means that the resources of the United States government stand behind FDIC-insured depositors."
" And, if ever needed, the FDIC can draw on a line of credit with the U.S. Treasury." TG for printing presses.
That makes me feel much better.
Its never failed yet.
Its as safe as money in the bank, literally.
Originally Posted by lynn comstock
TG better send a memo to Wizard Ben and kick those printing machines to hyper-over drive. The FDIC better get ready with a very large bottle of Pepto.