Comment: Can anyone explain what the

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Can anyone explain what the

Can anyone explain what the FDIC is and why it would not cover up to limits? Isn't it Federal Deposit Insurance? The FED can always print money to cover it. The EU members don't have a central bank. In the US the check will always be in the mail and will never run out of money unless ink supplies dry up. The question is how much value will that check hold. The day FDIC kicks on the printing press and the double the money supply it cuts the value in half. In the end same results... The end up with half the value of your deposit while still handing you back the same number dollars.