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Yes but many people want their money today, not in 10 years.
by ellisv 4y ago
Yes but many people want their money today, not in 10 years.
- roflyear 4y agoThat's a bank run tho not "normal operating" status.
- Jensson 4y agoBank runs happens when you create conditions that can't handle bank runs. Nobody would worry about keeping assets at a Bank that wouldn't get destroyed if people started asking for their money. Therefore although bank runs aren't normal, they will almost surely happen to you if you put yourself in a situation where a bank run would destroy you. So you have to work as if bank runs are normal, or they will be normal.