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Also by the increasing importance of dollars as a parallel currency in European banking (Eurodollars), called the "dollar glut". Raising fears of well-known monsters and unsound money. Who wasn't "sound money" back then?
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Feb 17th, 2013 at 12:56:13 PM EST
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Who wasn't "sound money" back then?

Well, if you have a Gold Standard, sound money is the lay of the land... as in the Eurozone today.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Carrie (migeru at eurotrib dot com) on Sun Feb 17th, 2013 at 12:58:48 PM EST
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