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Breakingviews – Deposit insurance is addiction not medication
Breakingviews - Deposit insurance is addiction not medication,Deposit insurance is as American as apple pie, and twice as unhealthy. After Silicon Valley Bank and Signature Bank failed over the weekend, Uncle Sam swept in, promising to pay back all of their customers. That move may have prevented a wave of copycat bank runs. But the idea of bailing out savers without limit is both unworkable and unhelpful.

Breakingviews – Deposit insurance is addiction not medication

Deposit insurance is as American as apple pie, and twice as unhealthy. After Silicon Valley Bank and Signature Bank failed over the weekend, Uncle Sam swept in, promising to pay back all of their customers. That move may have prevented a wave of copycat bank runs. But the idea of bailing out savers without limit is both unworkable and unhelpful.