To stop future bank runs, it would help to require banks to back all deposits with cash. That is not going to happen — but the reserve requirement should be greater than 0% — the Fed's current target. Read More
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original entry | Silicon Valley Bank Collapse Suggests 0% Reserve Requirement Won’t Halt Bank Runs Forbes – Markets |
To stop future bank runs, it would help to require banks to back all deposits with cash. That is not going to happen — but the reserve requirement should be greater than 0% — the Fed's current target. Read More