[Swenrekcah]

People in a panic can destroy perfectly good things because they're afraid. This move is an attempt to reduce uncertainty and panic.

[pksebben]

"perfectly good" in this case reads a little like "fragile".

We over optimize when things are good and then wonder what happened when there's a pothole. of course people are fickle and of course rates are going to change. Not being prepared for this is irresponsible.

[Swenrekcah]

> perfectly good" in this case reads a little like "fragile".

All banks are vulnerable to a bank run, no matter how well they’re managed.

I agree with you though, SVB (and some others) failed in their risk management. Partly due to relaxed regulations I suspect.

However that doesn’t mean all the banks made the same mistakes. It’s easy to see why people are worried but a panic will only make things worse.