4 ms·
I for one just don't like to see the rules change every time the rich need a little help.
by postalrat 4y ago
I for one just don't like to see the rules change every time the rich need a little help.
- cragfar 4y agoIf the treasury allowed a bank run to wipe out depositors, every single business would be transferring funds out of their regional bank Monday morning.
- postalrat 4y agoAnd now they won't?
- kragen 4y agono, they aren't at risk that their deposits will evaporate because they were late to the bank run any more
- postalrat 4y agoso why would they care if a bank run happens or not? seems like a pretty good time to make adjustments for the long term.
- kragen 4y agoexactly, the idea is for depositors not to care if a bank run happens or not, because the way that bank runs happen is that depositors worry that a bank run will happen