Sounds great. But what happens when millions of idiot investors lose their shirts and demand gov't bailouts...?
Sounds great. But what happens when millions of idiot investors lose their shirts and demand gov't bailouts...?From my understanding, only a small sliver or savings can be deposited. Even if they go into one of the least risky products (i.e. Treasuries), it's still a higher rate of return than the 1% or so they currently earn.