[sbierwagen]

Savings accounts are FDIC insured up to $250,000.

Many retirees hold government bonds, which aren't going to default.

A consumer-debt jubilee mostly affects investors, and maybe pension funds.

[forgetsusername]

>Savings accounts are FDIC insured up to $250,000

So? Do you think that this sort of insurance is free, and can be called upon without economic consequence?

[golergka]

> Savings accounts are FDIC insured up to $250,000.

Where do you think this insurance comes from?