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Given the fact that the losses will not be realised unless depositors massively withdraw (i.e bank run), what is the role of media (including youtube, blogs etc
by 4gotunameagain 4y ago
Given the fact that the losses will not be realised unless depositors massively withdraw (i.e bank run), what is the role of media (including youtube, blogs etc) in this ?
If we didn't have a system which deliberately amplifies catchy headlines such as "banks are failing" wouldn't that bank run be avoided ?