One low quality bank? Bank gets bailed out? That's a dire sign for the fundament... | Hacker News

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		mattwilsonn888 on July 21, 2023 \| parent \| context \| favorite \| on: FedNow Is Live One low quality bank? Bank gets bailed out? That's a dire sign for the fundamental value of the dollar to regular people if this is a regular practice. Bank gets bought up? Well we don't really have 5k banks anymore do we?

astrange on July 21, 2023 [–]

> Bank gets bailed out? That's a dire sign for the fundamental value of the dollar to regular people if this is a regular practice.

"Our insurance system works" is not a bad sign for your financial system.

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