What If Deposit Insurance Disappeared Tomorrow? (Bonus Short)

Podcast: What Comes Next · What Comes Next

Opublikowano: 2026-10-29

On March 6, 1933, every bank in America closed, and about 4,000 never reopened that year, according to the FDIC's own history. Deposit insurance was born that June, and the FDIC says no depositor has lost a penny of insured money since coverage began in 1934. This is a history thought experiment, and it is not financial advice. Which would scare you more, a closed bank or a bank run you watch on your phone? This is the audio edition of a What Comes Next Short, and the video version is on the What Comes Next YouTube channel. The archival photos are from the...