Brits redeeming greenbacks for gold, setting off the bank run that killed Bretton Woods.
There is the potential here for a self-fulfilling prophecy, in the manner of a bank run.
That could trigger a bank run, particularly when the remaining deposit controls are lifted.
Another possible response to a bank run would be the introduction of euro-wide deposit insurance.
He said the likelihood of a bank run in other periphery countries was limited, including in Greece.
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Who else blamed naked short sellers, rumors and a loss of confidence leading to a bank run?
Deposits in Greek and Spanish banks dropped, suggesting a bank run could be in its infancy.
Without such risk-sharing, though, much of the euro zone could be one bank run away from meltdown.
Their sheer size means that even a mundane problem could cause a systemic crisis or a bank run.
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Mr Duhalde inherited draconian restrictions on bank transactions and withdrawals, which halted a bank run but are strangling the economy.
Were Spain to see a full-scale bank run, even an emboldened Mrs Merkel might not be able to stop it.
They are struggling to put in place capital controls to prevent a bank run when the banks reopen, possibly on Thursday.
Cypriot citizens, who hurried to ATMs only to see them fully drawn out as the expected bank run materialized, were enraged.
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Second, you have to avoid a simultaneous banking crisis or bank run: so you need to nationalise and rationalise the banks.
As such, they are always and everywhere susceptible to a bank run.
And because issuers are typically regulated banks, the government would probably back up the debt should a bank run into financial trouble.
With the bank run draining reserves, Uruguay was forced last month to abandon its currency-band system and let its peso sink freely.
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Gold rallied as Treasury yields fell to record lows, while over in Europe the prospects of a bank run in Spain spooked investors.
Perhaps the politicians will be shocked into action, by a euro-zone bank run, a chaotic Greek exit, or flight from Italian government debt.
Greece's bank run could turn into a sprint after the election, making the country ever more reliant on the ECB for emergency funding.
In Argentina, the government is bankrupt, tariff barriers on consumer goods have been hiked to 35% and a bank run has triggered capital controls.
Yet it is hard to blame the central bank's governor for the misuse of credits that were dished out in the heat of a bank run.
Its use may halt a bank run, but at the cost of eventually trashing the value of the currency and indirectly the value of depositor accounts too.
Banks in Cyprus are to reopen on Thursday at 10:00 GMT, 10 days after they closed to prevent a bank run as a controversial bailout was negotiated.
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But Suharto's political demise in May sparked another bank run.
The situation was little different from an old-fashioned bank run.
It has also set up capital controls in order to avoid a bank run, the first time such measures have been introduced since the introduction of the euro in 1999.
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