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February 8, 1991 | TOM PETRUNO
If you have any doubt that people are deeply troubled over the economy and the war, consider this: The public has suddenly begun stashing cash--literally hoarding hard currency. Currency in circulation had leveled off at about $245 billion in the fall. Then, in late December, the total began surging. By Jan. 28, the latest figures available, cash held had jumped to $254.3 billion, Federal Reserve Bank of St. Louis data show.
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BUSINESS
February 8, 1991 | TOM PETRUNO
If you have any doubt that people are deeply troubled over the economy and the war, consider this: The public has suddenly begun stashing cash--literally hoarding hard currency. Currency in circulation had leveled off at about $245 billion in the fall. Then, in late December, the total began surging. By Jan. 28, the latest figures available, cash held had jumped to $254.3 billion, Federal Reserve Bank of St. Louis data show.
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