What would happen is there would be a panic; " people would say they're not paying on the notes.

这会导致恐慌的发生；,人们会说：“银行没有兑现纸币。

耶鲁公开课 - 金融市场课程节选

I think that we are in a difficult situation but maybe let's not panic about it.

我认为我们正处于一个困难时期,但是也许我们不用为此而恐慌。

耶鲁公开课 - 金融市场课程节选