Ep 87: What Is A "Run" On A Bank?
Update: 2023-04-25
Description
A bank run is an obscure term for many people. It's a topic that doesn't come up often, but when it does it makes big headlines.
It reared it's ugly ahead again in March of this year thanks to the Silicon Valley Bank failure.
So, is your money safe? What exactly is a bank run? What does this mean for our economic future? Can we expect another 2008 debacle?
All of these are fair and relevant questions. In this podcast episode, Derek breaks it all down and does his best to explain what we can expect next.
Enjoy the epsisode.
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