If it’s in a bank, that’s peasants’ money, not the stock options and real estate and foreign accounts and Bitcoin investments and the other thousands of ways the capitalists hide money.
The bank’s money is the capitalists’ money; that’s what they’re loaning out to each other and investing into stocks. A mass bank run would run through Wall Street like a wildfire.
And the FDIC is the government bailing them out, that’s the entire point of insuring money in bank accounts.
If it’s in a bank, that’s peasants’ money, not the stock options and real estate and foreign accounts and Bitcoin investments and the other thousands of ways the capitalists hide money.
The bank’s money is the capitalists’ money; that’s what they’re loaning out to each other and investing into stocks. A mass bank run would run through Wall Street like a wildfire.
And the FDIC is the government bailing them out, that’s the entire point of insuring money in bank accounts.