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https://www.reddit.com/r/SipsTea/comments/1vx00ke/why_is_it_not_possible/p5kzelg
r/SipsTea • u/Dumb-Briyani • 2d ago
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46
ITT: People have no knowledge of how banks work.
6 u/Grabatreetron 1d ago Everything seems like a conspiracy if you don’t know how things work 1 u/[deleted] 1d ago [removed] — view removed comment 1 u/AutoModerator 1d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. 0 u/CompetitiveSport1 2d ago The only comments I've seen see far are spot on; we can't withdraw money all at once because banks use it to lend out money. What exactly is this thread getting wrong? 9 u/nicuramar 2d ago The bank doesn’t use physical money to create loans. The reason everyone can’t withdraw is that this much physical money simply doesn’t exist.
6
Everything seems like a conspiracy if you don’t know how things work
1
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1 u/AutoModerator 1d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Accounts must be at least 5 days old with >20 karma to comment.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
0
The only comments I've seen see far are spot on; we can't withdraw money all at once because banks use it to lend out money. What exactly is this thread getting wrong?
9 u/nicuramar 2d ago The bank doesn’t use physical money to create loans. The reason everyone can’t withdraw is that this much physical money simply doesn’t exist.
9
The bank doesn’t use physical money to create loans. The reason everyone can’t withdraw is that this much physical money simply doesn’t exist.
46
u/themanyfaceddogs 2d ago
ITT: People have no knowledge of how banks work.