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"[Y]ou remember how rapidly our money went down after our 40. for 1. establishment in the revolution. I doubt if the present trash can hold as long. I think the 380. millions must blow all up in the course of the present year; or certainly it will be consummated by the reduplication to take place of course at the legislative meetings of the next winter. Should not prudent men, who possess stock in any monied institution, either draw & hoard the cash, now while they can, or exchange it for canal stock, or such other as being bottomed on immoveable property, will remain unhurt by the crush?" - Thomas Jefferson, January 24, 1814.