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by eru
4085 days ago
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I'd expect other people to do the audits, short the banks that fall short, and then publish their reports. I think back in 1929 we didn't have the transparency requirements that I was suggesting. (And if you really want a bank that survives any run, you will have to pick one that offers no-fractional banking, and suffer high costs on average. Might be worth it for some.) |
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