“In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.” SometimesSocialClassEconomicMiddleRevolutionAccountsViolentSavingMiddle ClassPanicSavingsUpheavalSocial RevolutionSavings AccountsWiping Out Author:Nick Clooney
“What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.” YearsDoeStatesGovernmentNationsUnitedBehindsUnited StatesChangedLimitsAccountsCreditSavingSavingsState GovernmentUnited States GovernmentSavings Accounts Author:Nick Clooney
