It is true that the FDIC has eliminated the risk of a bank run. It's still a fra... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

WalterBright on Dec 15, 2021 | parent | context | favorite | on: Plans you're not supposed to talk about

It is true that the FDIC has eliminated the risk of a bank run.

It's still a fractional reserve system, at least in the US. The "capital requirements" sound like fractional reserve, too.

Join us for AI Startup School this June 16-17 in San Francisco!
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact