The Evolution of Mobile Banking

The Fed doesn't really account for mass deposit flight either. I mean, even some of the banks that investors were worried about, yes, they saw a deposit flight. But that deposit flight was not necessarily this deposit flight that came from scares of bank runs. And so you can argue it in a lot of ways. Probably the internet made it a lot faster and easier to move your money. Also, people would have moved their money anyways. So much of this really is backward looking though, isn't it?