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by tome 1202 days ago
Oh, when I say "bail out" I mean bail out of depositors with more than $250k of deposits, less than $250k already being well-understood to be covered. You, as a single depositor of $250k are fine. If you have $1m then you spread it out amongst 4 banks and are fine. If you have more then you'd better use your own nous or hire a financial advisor.
1 comments

thanks for clarifying... that nuance wasn't clear. I literally thought you were going on the true libertarian bent of I as some dude with $100 needs to be responsible for all parts of the system.