Most are under the illusion that when they give money to a bank, the bank keeps it safe for them. The FED not allowing safe banks but actually forcing them to t

Most are under the illusion that when they give money to a bank, the bank keeps it safe for them. The FED not allowing safe banks but actually forcing them to take unnecessary risks is part of the problem¹. It's completely false that nobody wants safe banking, many asset managers do for obvious reasons because this is a huge risk for anyone dealing with accounts in excess of the insured amount. Also if you think banks that support full withdrawals (and thus making bank runs impossible) should not exist, what percentage do you think they should support? 50%, 30%? Should they have enough money to at least handle 10% of customers withdrawing? The real legal requirement might worry you if you know the figure. I encourage you to look it up. ¹ https://www.chicagobooth.edu/review/safest-bank-fed-wont-sanction https://www.chicagobooth.edu/review/safest-bank-fed-wont-san...