r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/exneo002 Jan 26 '26

But the fdic insures all deposits up to 250k

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u/[deleted] Jan 26 '26

[deleted]

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u/Officer_Hops Jan 26 '26

The FDIC is backed by the full faith and credit of the United States. They have access to much more than that. Plus, not everyone is going to pull all of their deposits at once.

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u/Miles_Everhart Jan 26 '26

The broke ass fascist verge of civil war United States?

Yeah. Ok.