Let's say I had $10 million in deposit.
What does that mean for me?
I will never get my money back like forever.....
Good point, but are you telling me 90% of the customers are not getting their money back since the Bank has collapsed?Money tends to 'lose' value due to inflation, u need it to work on assets, shares, businesses, property. So if u had 10 mill in normal savings, over-time it will diminish due to market increasing prices. Money depreciates in value like a car does