Banks have huge amount of institutional knowledge on lending. And that's what they need to do without playing games with depositor cash. They need to borrow f

Banks have huge amount of institutional knowledge on lending. And that's what they need to do without playing games with depositor cash. They need to borrow from the central bank. Central Bank is much more sophisticated than the avg depositor in deciding which lender to hand off cash too. I think this is where we will end, up after a few more bank bailouts which are coming. Depositors will have accounts directly with Central Bank or just hold interest bearing CBDCs in their wallet.