It's all monopoly money anyways, so why pretend it isn't?
Though if I put that aside I do believe things like insured cash sweep (which splits deposits into < $250k chunks and deposits them into a bunch of banks) is better from a risk management standpoint for both the depositor and the bank. Depositors get more guaranteed insurance, and the bank gets more depositors with smaller deposits for a given amount of overall deposit.
It's all monopoly money anyways, so why pretend it isn't?
Though if I put that aside I do believe things like insured cash sweep (which splits deposits into < $250k chunks and deposits them into a bunch of banks) is better from a risk management standpoint for both the depositor and the bank. Depositors get more guaranteed insurance, and the bank gets more depositors with smaller deposits for a given amount of overall deposit.