Financial Heresy cover image

How Banks Really Work - and Why They Fail

Financial Heresy

CHAPTER

The Importance of Being Conservative

"If I run a bank like this, nobody's going to let me. Nobody's going to trust me to hold their money anymore," he says. "I can't pay you what I said I was going to pay you." He adds: "You go to get your money and I shut down. That's bad for me".

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