Elon Musk
@elonmusk
Replying to @alrmorgan
This is a massive problem. Doesn’t make sense to keep money in a <1% interest bank account instead of a 4.5% money market (Treasury Bill) account.
As more people & companies realize this, bank depositor flight will accelerate to extreme levels, even for banks that are “too big to fail”.
04:20 PM · May 2, 2023 · 86.2K views
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