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Tuna-Fish
4521 days ago
It's set up as an insurance to which the banks pay premiums to cover the losses. The $50B fund exists to prevent the american public from having to step up every time, however, it is
backstopped
by full faith and credit.
1 comments
pyalot2
4521 days ago
So "full faith and credit" if congress republicans and democrats can agree, that's all fine then.
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