4 ms·
Have you ever considered why banks have walls, guards, and vaults?
by herendin2 5y ago
Have you ever considered why banks have walls, guards, and vaults?
- anyfoo 5y agoI'm not sure what that has to do with my argument. Besides, banks have less and less walls, guards, and vaults, because they keep less and less cash on premise. This is a prime example of the monetary system having been made more efficient over time.
- herendin2 5y ago>Besides, banks have less and less walls, guards, and vaults, because they keep less and less cash on premise. What then guarantees the security of the financial system and of our money?
- arcticbull 5y agoI don't know how to break this to you but, like SSL and logins.
- herendin2 5y agoOnly 'SSL and logins'?!
- arcticbull 5y agoI didn't realize we were making an exhaustive list, but it seems you meant at a systematic level. That would be the federal reserve and its charter, and the US government and its charter.