flight to cash
n.— «Isn’t it odd that when a financial crises threatens to get underway today hot money rushes to turn just about everything into fiat paper dollars? In something that has come to be called a “flight to cash,” for a little while it seems that just about everything is being sold at the same time, equities, commodities, even gold and silver.» —“Got Gold Report—Big Markets Worry, Gold Market Sleeps?” by Gene Arensberg Resource Investor Aug. 12, 2007. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...