3 ms·
tbf, this group have a better handle on how things work than the people who live in existential fear of bank runs because they're oblivious to the fact that a s
by notahacker 4y ago
tbf, this group have a better handle on how things work than the people who live in existential fear of bank runs because they're oblivious to the fact that a solvent bank can always borrow enough money to fulfil withdrawal requests (with FDIC kicking in only when the bank is insolvent)
- jejeyyy77 4y agoRemains to be seen IMO - esp. in the age of social media.
- notahacker 4y agoSocial media has nothing to do with the fact a solvent bank can borrow enough to offset its entire loan portfolio