re: Great Idea To Stop These Bank Runs Going Forward

Remember the TikTok that blew up last week where a dude made half of his lease payments before he realized he wouldn't own the car at the end of the lease?

That's what we're dealing with. Irrational actors that don't take their own duty to protect themselves and their finances seriously in any way, shape or manner. They withdraw their $15k out of fear, even though they're fully protected in FDIC insured institutions. However, the flip side is that maybe they paid attention to how long it takes the State Department to renew passports, and figured they wouldn't get their money out for years. They could be more rational than I assumed. (IRS refunds super slow, but taking the money from you is a 72 hour process, etc.)