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That's being rather generous re: the average consumer. You can try to explain to people that their money is safe by law but it doesn't mean public trust doesn't
by wavemode 3y ago
That's being rather generous re: the average consumer. You can try to explain to people that their money is safe by law but it doesn't mean public trust doesn't somewhat erode. Grandma with her retirement savings doesn't want to hear that her bank got robbed.
- kortilla 3y agoIt’s not, it’s the only reason a huge chunk of the population that lived through the financial crisis trusts banks at all.
- onetokeoverthe 3y ago[dead]