Intelligent people are anarchists

Deposit insurance means that banks can't fail but in a Capitalist system... particularly if there is a fiat currency it is vital that banks (and all organisations) can fail. If banks cannot fail there will be inflation which is bad for savers and poor people who have no means of storing wealth other than cash. Deposit insurance (and inflation) is bad for poor people which means it should not happen. The government has no legitimacy other than to help poor people but deposit insurance is bad for poor people so the government should not do it. Inflation is one of the main causes of poverty and it is caused by the government. The government claims to help poor people but (in providing deposit insurance) it does the opposite. The existence of deposit insurance shows that government does the opposite of what it claims. If the government is good there would be no deposit insurance. Poverty is largely caused by statists who do not know that inflation is caused by deposit insurance. People who fight poverty cannot be both knowledgeable and statists because it is the state which causes poverty with deposit insurance. People who fight poverty must either be anarchists or stupid. Intelligent people are anarchists.