State deposit insurance makes it easy to get money
State deposit insurance is always inflationary...
In a taxed economy being protected from insolvency means that your credit will always have value... you can print money.
John Locke, Second Treatise of Government: "No body could think himself injured by the drinking of another man, though he took a good draught, who had a whole river of the same water left him to quench his thirst."
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