Sumil pfp
Sumil
@sumil
I'm curious: Can bank runs be really prevented? Assuming fractional reserve banking is to stay, what can stop a bank from causing a flight of withdrawal?
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Maybe Im Wasabi〽️ pfp
Maybe Im Wasabi〽️
@maybeimwasabi
Also curious. Seems like a human nature problem (in part)
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Sumil pfp
Sumil
@sumil
True. If we are to assume it's the loss of trust that drives a large section of the society to scamper to withdraw, then fractional reserve banking isn't the problem. Customers are essentially seeking trust markers here... What could it be?
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Maybe Im Wasabi〽️ pfp
Maybe Im Wasabi〽️
@maybeimwasabi
The only way to create absolute trust I think would be to eliminate all external information, media. Without that power, humans will always have a fear of loss / loss aversion. Won’t they?
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