pan

A panic, ‘a sudden fright without cause’ (from the god Pan, known for causing terror), may occur in the markets for securities and involve a rush from less liquid securities to money or government securities — in the belief that governments do not go bankrupt because they can always print more money.

– Robert Z. Aliber, Charles P. Kindleberger Manias, Panics, and Crashes: A History of Financial Crises

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