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re: Would a solid protest be pulling money out of banks?
Posted on 3/18/23 at 10:26 pm to Ole Ag
Posted on 3/18/23 at 10:26 pm to Ole Ag
quote:
So we should make a run on the banks? Make it so businesses couldn't make payroll or pay invoices. It would be incredibly painful, but it is one way to stop inflation. I doubt many economists or sane people in general would recommend it, but it would definitely work.
So, like a temporary run? Take money out, initiate some pain, then re-deposit to make the point?
1
Posted on 3/18/23 at 10:34 pm to shutterspeed
So your plan would be to have a run on the banks and push them almost to default. Then tell everybody to put their money back in those failing banks? Not sure talking folks into putting the money back would be that easy. But a lot of people are stupid, so maybe.
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