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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 friend_and_foe on Monday March 13, 2023 @05:27AM (#35133194)
It wasn't erased, it's in peoples pockets in the form of cash, a la "bank run."
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Re:Joint Statement by the Department of the Treasury, Federa... by azernik on Tuesday March 14, 2023 @07:05AM (#35149668)
Only the small percentage that was available in the bank's reserves; the money of all the people who didn't get their money out in time was indeed erased.
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