Banks with lots if money

[JoJo]

 On Fox Business Network today they said big banks have enough money on hand if a recession occurs. Does this mean if there is a run on the banks they will be able to give you your money or?
 Finance is definitely not one of my big points.

[Kbop]

not my forte ether but - the FDIC will protect you from most typical bank runs.
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give this a read - a banks blood is its cash flow.  cash reserves are a bulwark against bad paper and low deposit rates.
http://www.investopedia.com/terms/b/bank-stress-test.asp

[JoJo]

 I was thinking more on the line of a major financial collapse, if the banks having so much cash on hand would that prevent one.
 There's talk of President Trump going back to the gold standard. 

[Kbop]

in a major collapse money has no value - so there's that   a big 'depression era' collapse means the money stays in the bank - no one can take out a loan.  the bank benefits by being able to stay in business even with all the write downs.
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Trump probably doesn't want a  gold standard. (my opinion) he does a lot of his work by leveraging loans and investors capital - it isn't easy to do that kind of business in a world that uses money rather than e-currency.

[JoJo]

 Thanks Kbop makes sense now.