It is the movement of fear, the belief that their money will be needed, and that they may not be able to get it when they want it.
John Sherman: “It is the movement of fear, the belief that their money will be needed, and that they may not be able to get it when…”
Editor's note · Context
Sherman explains the psychological factors driving financial panic and hoarding behavior.
Share
More from John Sherman
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.





