consumer deposits would probably be less sticky if consumers were required to confirm every single day that they would like the banks to carry their deposits ov

consumer deposits would probably be less sticky if consumers were required to confirm every single day that they would like the banks to carry their deposits over to the next day, which is what an overnight repo is in essence. the nature of consumer banking is that the nitty-gritty grindy bits of real finance - overnight and term repos, daily settlements, credit risk and value adjustments - are abstracted away (for a fee) from the typical user who doesn't really want to care about these things, even if it will do them a lot of good to at least consider these effects.