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Everyone will now act as if all deposits are insured, because the authorities demonstrated that it's true. This in turn will make any other decision in the futu
by gizmondo 4y ago
Everyone will now act as if all deposits are insured, because the authorities demonstrated that it's true. This in turn will make any other decision in the future even harder, it's kinda self fulfilling prophecy.
Seriously, you'd have to be stupid now to buy deposit insurance.
- toomuchtodo 4y agohttps://www.cnbc.com/2023/03/16/svb-signature-bank-failures-yellen-says-us-banking-system-is-stable-and-deposits-remain-safe.html https://www.cnbc.com/2023/03/16/svb-signature-bank-failures-...