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It doesn't change the fact said bank would have gone under, and people would only be reimbursed up to $250k. It is in everyone's interest for banks to remain healthy.

You may not remember 2008, but banks are absolutely, massively, a systematic risk to everyone, everywhere.

And nobody lost their deposits!

Bank regulations have completely changed since then, so if anything we'll get new problems.

How does FDIC behave in a high-inflation environment?

FDIC was introduced in 1933.

And the inflation rate today is nothing compared to previous years [1]. So my guess is just fine.

[1] https://www.macrotrends.net/2497/historical-inflation-rate-b...

The government is good for all debts, until it isn't. But at such a point as it isn't then I think FDIC insurance becomes the least of our concerns.

Much better than crypto has

Laughs in Argentinian peso