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A comment on German banks are hoarding so many euros they need more vaults. Parent comment

Re:German banks are hoarding so many euros they need more va... by fludlight on Monday February 03, 2020 @07:06PM (#22230847)
Maybe she was avoiding having all of her eggs in one basket. If your employer fails you lose your income. If your employer holds your life savings you might lose that, too.

These days we have reliable, trusted deposit insurance, but that didn't exist until the 1930s. People didn't really trust it until a few decades later.

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Re:German banks are hoarding so many euros they need more va... by nkrisc on Monday February 03, 2020 @07:19PM (#22230928)
I think they meant why she didn't cash her paycheck directly with her bank, as oppose to cashing out it and then depositing the cash with her bank anyway.
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