Eric's Commentaries

An idea, private insurance for banking, NOT federally funded.


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I had this thought, that it might be possible to remove one additional bit of tax sponsored redistribution and get rid of the FDIC and the NCUA by promoting private insurance options to protect our bank deposits.  Not as a hedge for banks to protect their own horrendous banking policies, but as a way to directly protect the customers, the people while holding banks possible for their high-risk business ventures. 

For all links and references mentioned in the podcast, please visit my youtube link here: https://youtu.be/Q3od5RyVEZ4

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Eric's CommentariesBy Eric Jones