Curious about how a 2% bank run could bring down the entire system?
Let's look at the numbers: $220B in liquid funds vs. a total of $22T in the banking system. That small percentage would be enough to cause major damage.
#BankingSystem #Mathematics
Curious about how a 2% bank run could bring down the entire system?
Let's look at the numbers: $220B in liquid funds vs. a total of $22T in the banking system. That small percentage would be enough to cause major damage.
#BankingSystem #Mathematics
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