- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Great Idea To Stop These Bank Runs Going Forward
Posted on 4/30/23 at 12:07 am to Timeoday
Posted on 4/30/23 at 12:07 am to Timeoday
quote:
“Just as motorists are compelled to take out third-party car insurance to protect other road-users, so banks should be made to take out a certain amount of liquidity insurance in normal times so that they can access central bank provision of their liquidity needs in times of crisis,” he says. (Mervin King)
A better idea would be to address the operational risk of allowing bank runs to happen digitally.
In these recent cases, word spread virally and people were able to transfer insane amounts immediately. Every bank and FI should review their outgoing ACH limits to help prevent these from happening entirely remotely.
1
Posted on 4/30/23 at 12:13 am to TerryDawg03
quote:
In these recent cases, word spread virally and people were able to transfer insane amounts immediately. Every bank and FI should review their outgoing ACH limits to help prevent these from happening entirely remotely.
It is a felony to encourage a run on a bank. However, we are in a period when our government does not enforce laws it chooses to not enforce, so what good would your proposal do?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News