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
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...
Among the proverbs in Leo Rosten’s Treasury of Jewish Quotations (Amazon): If you drop gold and books, pick up the books first, then the gold. This is part of a complete episode. Transcript of “Who Is Just Carrying Around Gold, Anyway?” Here’s a...