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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by sethev on Sunday March 12, 2023 @08:13PM (#35128652)
Everyone withdrawing their money ASAP is what caused the solvency problem. There's a big difference between warning people of a problem and encouraging them to behave in a way that creates it.

No bank could survive this kind of run. See https://en.wikipedia.org/wiki/Bank_run

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