Menu

Home › Forums › Financial Markets/Economics › Any of you doing anything to your money market accounts just in case of a default? › I am not too concerned that

October 15, 2013 at 4:27 PM #766926
The-Shoveler
Participant

I am not too concerned that this will occur (hey but as Mark Twain said)
Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself.
Or
“No man’s life, liberty, or property. is safe. while the legislature is in session.”

But really if this occurs as I understand it the value of the dollar would plummet, I am not sure how having FDIC would be of too much help versus an insured MM account .