4 ms·

If 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 ago
  And now they won't?
  • kragen 4y ago
    no, they aren't at risk that their deposits will evaporate because they were late to the bank run any more
    • postalrat 4y ago
      so 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 ago
        exactly, 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
        • postalrat 4y ago
          well we will see what happens over the next couple weeks. no prediction we make here is going to change it.
          • kragen 4y ago
            well, i kind of hope you're right about that it's going to be a pretty interesting couple of weeks