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Only if 2% of banks lost all of their money. It would more likely be something like 10% of banks by deposits lost 20% of their money.
by xur17 4y ago
Only if 2% of banks lost all of their money. It would more likely be something like 10% of banks by deposits lost 20% of their money.
- lowkey 4y agoI disagree with your numbers. Based on current bank reserves, if ~20% of a banks deposits were to be withdrawn the bank would be insolvent. You don't need to withdraw 100% of deposits to have a run on the bank.