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by postalrat 1196 days ago
I for one just don't like to see the rules change every time the rich need a little help.
1 comments

If the treasury allowed a bank run to wipe out depositors, every single business would be transferring funds out of their regional bank Monday morning.
And now they won't?
no, they aren't at risk that their deposits will evaporate because they were late to the bank run any more
so why would they care if a bank run happens or not? seems like a pretty good time to make adjustments for the long term.
exactly, the idea is for depositors not to care if a bank run happens or not, because the way that bank runs happen is that depositors worry that a bank run will happen
well we will see what happens over the next couple weeks. no prediction we make here is going to change it.