Fracionária Reserve Banking-Deposit Insurance
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Fracionária Reserve Banking-Deposit Insurance

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    Joseph A.
    US
    Joseph A.

    What solves a bank run problem is a bank holiday and/or converting all paper money into electronic form. Of course, this leaves the banks and the government with great control over the people's monetary resources.

    Joseph A.
    US
    Joseph A.

    Won't the FDIC give the banks the opportunity to take greater risks? BTW, the FDIC is well under funded, i.e., about $46 Billion, which isn't enough to cover depositors' funds.

    Risqot M.
    EG
    Risqot M.

    Very good information-big thanks to ALISON for given us this opportunity ,,,

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