Randomness (r_ness) wrote,
Randomness
r_ness

This Is What Causes Panics

From http://economix.blogs.nytimes.com/2008/09/30/this-is-what-causes-panics/.

Catherine Rampell writes:

Yesterday my mother wrote me the following (real) e-mail:
From: Mom
To: Catherine Rampell
Subject: Important
Try to take some $ out of your account at an ATM asap — doesn’t have to be [your primary bank]. Some are predicting scarcity of cash from banks in this mess.
I wonder how many other worried mothers are sending the same message to their offspring. For the record, I’m not taking my mother up on her suggestion. (She later retracted her advice, anyway, when I asked her if I could blog her e-mail — she became worried that muggers might read my blog post and follow me home.)
Tags: money
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