If the inflation rates keeps on increasing and there will be more layoffs that will result to a recession, it is no doubt that the smallest banks are the first one to collapse and will close down their businesses.
Currently, it's said that the US inflation is 3% and that's low as of the moment. Hopefully, it will affect global economy and things are going to calm down.
And when everything is calmed down, the central banks and commercial banks are going to be ease and will be normal again and won't have something to worry with.
Some say that we're already in a global recession. It's just that world leaders and central banks are denying it. They don't want to spread panic among the general public. I doubt the US inflation rate is currently sitting at 3%. Especially when prices of goods and/or services are rising at a very fast pace. The cost of living in the country is higher than ever.
If that's the case in the US, what can we say about other countries? They're doing worse. Unless governments take a step in the right direction, don't expect an economic relief anytime soon. It's the "Elites" game now. Not even Bitcoin will be able to fix the world.