Re:Bank Run at Silicon Valley Bank
by runarberg on Thursday March 09, 2023 @10:27PM
(#35090039)
Correct me if I’m wrong, but aren’t most people’s deposits federally insured either through FDIC or NCUA (or other directly through the government outside of the USA) up to 250 000 USD which is well above what most people will ever have in their savings accounts. So for normal people a run on the bank isn’t actually a risk they need to consider.
[ Parent
| on HN ]
There are no comments on this comment yet.