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In reply to @mad0perator
tim 🥝@timdaub
3/18/2023

this is exactly the issue with everyone discussing online. I don‘t understand enough. If e.g. the FDIC had a budget in line with how many deposits are insured, then they could take that money and redistribute it to make depositors whole. Is this the case? I don‘t know

In reply to @timdaub
tim 🥝@timdaub
3/18/2023

or is the offer of credit creating the new money?