[astrange]

If the bank collapsed you'd lose because the bank has your paycheck in it.

[flangola7]

Deposits are insured for regular people amounts of money.

[astrange]

No, I mean your employer's payroll account, and their payroll processor's.

[diordiderot]

Physical and human capital is all still there. Who cares.

https://youtu.be/HuepiJcMKoQ

[astrange]

The human capital certainly wouldn't be there since they'd all quit when they don't get paid for weeks.

[freitzkriesler2]

Yeah id rather deal with a raging depression than this slow drip inflation reducing all of our standard of living. Pull the band-aid off.

[freitzkriesler2]

Me thinks you need to look up what the FDIC does.

[astrange]

Your employer's payroll account is larger than $250k.