GhostOnTheHalfShell on Nostr: Graziani’s math says that it is not the size of the deposits it’s the market ...

Graziani’s math says that it is not the size of the deposits it’s the market share in accounts. The more accounts… in other words, the larger the market share of all possible accounts the more likely payments are endogenous to a bank.

It’s financial risk exists only when it has a payment obligation to another financial institution