@BillyM2k @WatcherGuru A Major Driver of Depositor Flight is People Moving Money from Low ... - Latest Tweet by Elon Musk

A major driver of depositor flight is people moving money from low interest savings accounts to high interest money market (Treasury Bill) accounts.

This foolish rate hike will worsen depositor flight.— Elon Musk (@elonmusk) March 22, 2023

(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)