Reviving the bancor as a global reserve currency for international trading purposes, proposed by Keynes but rejected by the US at Bretton Woods.
MacroBusiness — Global Macro: Houses and Holes
Do we need one global currency?
Houses and Holes
Showing posts with label basket of currencies. Show all posts
Showing posts with label basket of currencies. Show all posts
Wednesday, January 29, 2014
Houses and Holes — Do we need one global currency?
Reviving the bancor as a global reserve currency for international trading purposes, proposed by Keynes but rejected by the US at Bretton Woods.
MacroBusiness — Global Macro: Houses and Holes
Do we need one global currency?
Houses and Holes
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