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They don't just think they are rational, they are rational. When there is a run on the bank, the rational thing to do is join the run, because if you do, you h
by fallingknife 5y ago
They don't just think they are rational, they are rational. When there is a run on the bank, the rational thing to do is join the run, because if you do, you have a chance of getting your money, but if you don't, you have no chance. That is why this behavior is so hard to stop.