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To: Roger Hess who wrote (2082)	6/26/1999 5:21:00 PM
From: DOUG H	Read Replies (2) \| Respond to of 6531

<<<<The one thing I wonder about is if people suddenly decide on December 31st that they need to 'have some cash on hand just in case', and everyone decides to go to the bank at the same time. The banks may not have enough to satisfy everyone, and some people may get in a panic.>>>>> Roger, Beings that Dec.31 is New Years Eve, maybe they'll all be looking to buy champagne. Ever see anyone wanting to get booze and not be able to do it? Panic indeed.<gg> Seriously, I think there could be disruptions, particularly in third world countries. Perhaps to some extent in this country as well. I have been asking people who's opinion I have come to respect. My head is not in the sand but my philosophy of life will not allow me to live in fear. Any additional views in your area of expertice would be appreciated. D.H. <<<I mean, please, if we get to THAT point, I'm not going to work anyway, I'll be at home with my family trying to figure out how to make do there.>>> BTW, I'm with you on that one.

To: Roger Hess who wrote (2082)	6/27/1999 1:45:00 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 6531

Hi Roger, Regarding a need to 'have some cash on hand just in case', the Federal Reserve announced last August that they would increase the currency available through their banking correspondents from $150B at that time to $200B by 12/99. That $50B is the equivalent of $500 for every household in the US. The banks have all been alerted to increase cash on hand in late December. I believe the possibility of a bank panic is just about nil. On another note, and some government official would be wanting to know what our plans are to keep operating after the meteor hits and all of mankind has been wiped out. This in essence is what spawned the DARPAnet and makes our present exchange of ideas possible here on the Web. Or was that nuclear armageddon? I keep getting confused. Speaking of confused, does anyone hear feel as I do that our avian correspondent has confused this high technology, company specific thread with "the Big Kahuna" thread? Just wondering.... Ciao, Ry