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Reply to "Should we be pulling our cash? "
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[quote=Anonymous]My neighbor works at our local Wells Fargo branch. She texted me that they've been swamped all day with people pulling their cash. So much so that they hit their daily limit of cash on hand (didn't know this was a thing, btw). Several customers made requests so large that the money had to be ordered for withdrawal tomorrow. Anyone else here work at a bank or have a relative who does? I'm trying to gauge what kind of response I need. This neighbor is very much an anxious, 'sky is falling' type of person. Like, when they call for snow, she STOCKS up and preps like we're getting 2 feet of snow because her motto for everything is "hope for the best, prepare for the worst." So, if she's not exaggerating too much, what will this cause? Won't people pulling their cash cause a crash? And should I pull out some cash? Both my spouse and I are people who never have cash on them. I just had to swipe my card at my son's game this past weekend to get my kid a $0.75 bag of chips and paid a $2 cc fee in doing so :roll: [/quote]
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