04.29.2009
We all live in a world where hard currency is a basic necessity, notwithstanding the attempts by many alternate payment forms to displace it’s pervasive use. What I find truly fascinating however is the growing on-line use of virtual money. I am sure that most of you are familiar with PayPal as one of the [...]
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04.22.2009
North America has seen its fair share of debate and argument over the years on the subject of a harmonized currency. I have yet to find anyone other than an economist that is for that idea. So much of a nations identity is defined in the color, size and design of their currency that I can’t imagine any country voluntarily disposing of their notes and coins. Until the Euro came along. Next to the US, I expected Europeans love affairs with their scrip to be so zealous that they would never consider a change – but switch they did, with only the mildest public objections.
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