this post was submitted on 04 May 2023
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Europe

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Europeans drain billions from banks, fed up with shrinking savings (www.reuters.com)
submitted 2 years ago by yogthos@lemmy.ml to c/europe@lemmy.ml
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[โ€“] rokejulianlockhart@kbin.social 1 points 2 years ago (1 children)

How would that help?

[โ€“] PolandIsAStateOfMind@lemmy.ml 1 points 2 years ago

Well if the bank crashes and you don't have money in it, you don't lose them. Sure, you might lose them anyway because if the bank crash this hard, inflation might start to gallop too, but it's still better chance than just lose it in day one.