'banks should be allowed to fail like any other business, no injection of other people's money"
A post with any merit whatsoever, a goldbug who's probably got lots of gold stashed away and is awaiting financial armageddon to prove what how clever he is.
Banks are an essential part of a fuctioning society, a place where someone can place their money with great certainty that it won't disappear, which is why there are institutions like the FDIC.
Banks provide the cash for normal economic and social activity and to say they should be allowed to fail is naive and the thoughts of an economic simpleton.
why buy gold doesn't help a bank, page-4
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