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Catchword for “flight to cash”
Catchword: flight to cash
Filed under: , , ,
Part of speech: n.
The part of speech reflects that used in the full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: With a full-scale banking crisis now in play, there followed the usual symptoms of such events—bank closures and insolvencies, a flight to “cash,” the creation of a “secondary market” in frozen deposits, the cessation of lending, the stopping of remittances and transfers, and other maladies destructive of monetary institutions.
Author:
Trevor Wilson
Article, document, publication, web site:
Myanmar’s Long Road to National Reconciliation
Date of publication:
Aug. 30, 2006
Page number:
81
This cite belongs to a full entry for flight to cash.
Posted 13 Aug 07 | Permalink | Tell a Friend

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