Deposit insurance is the only deterrent to bank runs, contagious runs, and bank panics.

Name: Deposit insurance is the only deterrent to bank runs, contagious runs, and bank panics.
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Deposit insurance is a significant deterrent to bank runs, but other measures like central bank interventions, liquidity support mechanisms, and regulatory frameworks also play crucial roles in preventing bank runs, contagious runs, and bank panics.

Deposit Insurance Is the Only Deterrent to Bank Runs, Contagious