Bank Run Alert! $70 billion withdrawn from commercial banks last week (8/23-8/30). $889 billion in deposits has been pulled since the all time hit 4/13/22. It looks like the bank run is back to picking up speed!
by Dismal-Jellyfish https://fred.stlouisfed.org/series/DPSACBW027SBOG https://www.federalreserve.gov/releases/h8/20230825/ A tad over a year ago (4/13/2022) the high was hit at $18,158.3536 billion: Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 $17,428 -$730 billion 3/22/2023 $17,256 …