Thursday, September 25, 2008

Under the Mattress

The previous post talked in part about restoration of confidence. Here's a real life example of the level of confidence people have in our financial system.

"I'm thinking of closing a checking account and keeping the money in the gun safe, the account's only paying three quarters of a percent anyway."

3 comments:

Anonymous said...

I'd do that too, but the guns in my gunsafe are worth more than the cash is now.

Dave said...

Easy to solve, use part of the money to buy a bigger safe.

fermicat said...

I'm thinking I should just spend it now, while it is still worth something.