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Since the 1930s, bank runs are not problematic in the United States because the FDIC's deposit insurance program punishes any banks that do not hold enough money in their r…
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Since the 1930s, bank runs are not problematic in the United States because the FDIC's deposit insurance program punishes any banks that do not hold enough money in their r…
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Feb 21, 2024
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Since the 1930s, bank runs are not problematic in the United States because the FDIC's deposit insurance program punishes any banks that do not hold enough money in their reserves. O private deposit insurance programs have stepped in to supplement the FDIC and guarantee that depositors will receive all of their investments. O the FDIC provides deposit insurance and guarantees that depositors will receive a portion, if no all, of their money.
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Answer: banks self regulate and make low risk investments.
Step-by-step explanation:
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