Everything you need to know about a bank run and its working
A bank run happens when a wave of customers rush to pull their money out of a bank, all at once, because they're worried the bank might collapse. As more people line up to withdraw their cash, the odds of the bank actually running out of money go up. Sometimes, the bank just can’t keep up, and its reserves dry up. When that happens, the whole institution risks going under.
People usually...
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