flight to cash

flight to cash
 n.β€” Β«This in turn, it comments, could mean trouble for many small US banks, and some big ones, too, and could bring a flight to cash and precious metals and eventually a world recession.Β» β€”β€œWall Street: Dilemma Of Oil Benefits” by Terry Byland Financial Times (United Kingdom) Feb. 17, 1986. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Diamond Dust (episode #1585)

Diamond dust, tapioca snow, and sugar icebergs β€” a 1955 glossary of arctic and subarctic terms describes the environment in ways that sound poetic. And a mom says her son is dating someone who’s non-binary. She supports their relationship, but...

Gold Dance (episode #1573)

People who hunt treasure with metal detectors have a lingo all their own. Canslaw means the shreds of aluminum cans left after a lawnmower ran over them. And gold dance? That’s the happy jig you do if you find something far more valuable than...

Recent posts