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The currency hoard represents a sum of money that reflects consolidation and burial of assets at a given moment-that is to say, it represents a cross-section, however small or unrepresentative, ...
These suspension of payments caused the public to hoard money of any form. Currency hoarding, suspension of payments, and bank failures created severe shortages of cash that made it difficult for people and companies to make payments.
See also: Precious metal, Relief, Circulation, Dollar, Holder
 
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