8. Consider this headline from the New York Times of March 26, 1933: Bankers Will Fight Deposit...

Question:

8. Consider this headline from the New York Times of March 26, 1933:

“Bankers Will Fight Deposit Guarantees.… Bad Banking Would Be Encouraged.”

a. What do you think this headline is saying?

b. Discuss the pros and cons of whether deposits should be insured by the U.S. government.

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