seha on Nostr: good summary of the SVB run… perhaps we should think of ways to move away from a ...

good summary of the SVB run…

perhaps we should think of ways to move away from a fractionally-reserved banking system so banks don’t collapse every time “a critical mass of people worry that a critical mass of people will pull their money out” 🤔
https://noahpinion.substack.com/p/why-was-there-a-run-on-silicon-valley