Banks Tried to Kill Remote Work. Now, Remote Work is Trying to Kill Banks.

https://www.drorpoleg.com/remote-banking-crisis/
ECONOMY
Issue #338
2 Apr 2023
In a world of complex, intertwined systems, action in one area triggers a cascade which manifests in unexpected and unpredictable ways. The outrageous provocation in this essay somehow makes sense when you connect the threads between the shift to remote, massive increase of money supply during furlough, the ‘make the money work for you’ ethos of modern fractional reserve banking and sudden flip of risk profile of assets which were previously considered rock solid. It’s persuasive analysis