Subject: Re: FDIC
AW-
This article sparked an hour long conversation between my wife and me earlier in the day.
Where will we keep cash for short term needs?
A good conversation for everyone to have about now.
If you remember the financial crunch of the aughts, and how close we came to destroying the ability of people to access their money, and how close we came to wiping out banks in general, it’s a good conversation to have.
There are a number of possible solutions that folks can employ- none of them perfect, all of them with potential downsides.