What is a bank run and what can cause it?
When the conviction of a bank’s insolvency spreads among its customers, there is a bank run and a massive withdrawal of money from the bank.
When the conviction of a bank’s insolvency spreads among its customers, there is a bank run and a massive withdrawal of money from the bank.
Speculation and speculators market role. Is speculation a useful function on the market? Or is the opposite true – its harmful and bad for the economy?