flight to cash
n.— «Goodheart argues that modern bank runs have not involved a flight to cash but simply a rush to transfer deposits to institutions viewed as relatively safe: problems at individual banks have not produce a generalized crisis.» —“The IMF as International Lender of Last Resort? A Reappraisal after the ‘Tequila Effect’” by Nicholas Snowden Development Economics and Policy , 1998. (source: Double-Tongued Dictionary)
Further reading
Sure, there’s winter, spring, summer, and fall. But the seasons in between have even more poetic names. In Alaska, greenup describes a sudden, dramatic burst of green after a long, dark winter. And there are many, many terms for a cold snap...
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...