WBTM on Nostr: Are #banks broke? Banks often hold way less cash than their customers' deposits. If ...
Are #banks broke?
Banks often hold way less cash than their customers' deposits.
If everyone withdrew their money at once, they'd run out fast.
It's like having a big party and only buying enough snacks for a few guests, hoping not everyone gets hungry at the same time. 🍪➡️🚫
https://video.twimg.com/amplify_video/1792318509470433280/pl/QOpOAMNAVx9eqkA5.m3u8?tag=14&container=cmaf
Banks often hold way less cash than their customers' deposits.
If everyone withdrew their money at once, they'd run out fast.
It's like having a big party and only buying enough snacks for a few guests, hoping not everyone gets hungry at the same time. 🍪➡️🚫
https://video.twimg.com/amplify_video/1792318509470433280/pl/QOpOAMNAVx9eqkA5.m3u8?tag=14&container=cmaf