Tag Archives: fear

Currency Holdings Show Fear is Subsiding

I wrote a few days ago that the amount of currency held by the public is a very good measure of the public’s level of fear about the stability of the banks and financial system. The numbers are produced weekly … Continue reading

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Fear, Currency Holdings, and the Fed

The chart below shows the amount of currency held by the public through last Friday. Can you detect a pattern? When people get scared, as they are now, they pull money out of the bank, out of money funds, and … Continue reading

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