Banks don't keep all their cash in a vault - they lend it out. But if they need to pay out cash, maybe to depositors, then the bank needs to raise cash in a hurry.
The problem today is that their assets have lost value and can only be sold at a loss. This is what happened to banks a year ago and they collapsed. How many more are at risk of failing?
https://bird.makeup/@realejantoni/1775855745788981282
Wall Street Silver /
npub1pt…gnpdh
2024-04-05 03:13:29
Author Public Key
npub1ptu6gvjzgxughc00cdjuetfygy23sjvemtm0puyfyv50jqvu0jys5gnpdhPublished at
2024-04-05 03:13:29Event JSON
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"content": "Banks don't keep all their cash in a vault - they lend it out. But if they need to pay out cash, maybe to depositors, then the bank needs to raise cash in a hurry. \n\nThe problem today is that their assets have lost value and can only be sold at a loss. This is what happened to banks a year ago and they collapsed. How many more are at risk of failing?\n\nhttps://bird.makeup/@realejantoni/1775855745788981282",
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