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/biz/ - Business & Finance

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54092973 No.54092973 [Reply] [Original]

If bank runs cause banks collapse why is that a bad thing?

>> No.54093011
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54093011

>>54092973
Because it's technically a controlled demolition of the financial system (yeah i know it's already shit)

They are going to propose CBDCs as the ultimate solution to the liquidity crisis and most of the normies will gobble it up

>> No.54093082

because banks are the glue holding modern civilization together. without a bunch of unscrupulous jews playing fast and loose constantly mismanaging your money and assets, then we would revert to cavemen shitting in the woods and wiping with leaves

>> No.54093098

>>54092973
go back to your containment board

>> No.54093194

>>54093011
CBDCs are unironically good for any country that has to buy and hold USD to trade with SWIFT. Every time the Fed prints money they are indirectly taxing everyone that holds USD, which includes most foreign countries.

>> No.54093452

>>54093194
Hello hello
You glow (yes, glow)

>> No.54093553

>>54093194
all this succeeds in doing is re-establishing cold war era blocs because nobody who isn't already a US client state will want to deal in zogdollars if it isn't beneficial anymore