Bank Run at Silicon Valley Bank

Re:Bank Run at Silicon Valley Bank by monocasa on Thursday March 09, 2023 @05:21PM (#35087646)

Also, most of the Muslim world works off of banking without usury.

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Re:Bank Run at Silicon Valley Bank by pseudo0 on Thursday March 09, 2023 @05:38PM (#35087838)

Most of the Muslim world just offers financial products that have "fees" coincidentally exactly equal to the interest a non-Muslim bank would charge.

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Re:Bank Run at Silicon Valley Bank by monocasa on Thursday March 09, 2023 @06:27PM (#35088347)

Correct, but those financial products don't have a tendency to combine in weird ways the way interest bearing systems do.

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