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If you have $5 million why do you need it in demand accounts?

Treasuries (notes, etc) are backed by the full faith and credit of the USG and are available in effectively unlimited amounts.



About that 'full faith and credit' thing ... you have to have full faith in congress to give that credit.

https://www.cnbc.com/2023/01/13/us-will-hit-its-debt-limit-t...


Thankfully, worshipping at the altar of the US Dollar is the only unshakably bipartisan activity in US politics.


The value of your treasuries will tank if interest rates rise. If you held cash, you could take advantage of that situation.




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