Five Alternatives to FDIC "Insured Deposits"
April 14, 2013Spread the love
What alternatives to “FDIC insured deposits†are out there so we can protect our money? I’m a daily huge fan and thanks for all your wonderful work. Sam P In the US, I do believe deposit insurance will be honored, but it shouldn’t be, at least on interest bearing accounts. And the only way deposit insurance could realistically work on non-interest bearing accounts was if there were regulations that banks could not lend deposits available on demand (checking accounts)
Excerpt from:
Five Alternatives to FDIC "Insured Deposits"