Ultimate Test for Fiat as US Bank Runs Loom

It started as being “just one person coming in from China… We have it under control,” the President said. “It’s going to be just fine.” Two months later, the U.S. and Europe are national states of emergency and banks in locked-down New York are starting to run out of cash. As bank runs loom ahead, this could be the ultimate test for fiat. Bank Runs Become a Worry as People Start Stockpiling...

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