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#31
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I respectfully bow before you in recognition of your superior economic
analytical powers. :-) Alan Greenspan is an amateur compared to Dik. Billy "Dik T. Winter" wrote: In article "note.boy" writes: That's avery interesting economic theory, the colour of a country's notes determines it's value against other currencies. Does anyone else support this theory? In the late 1950's when the bank of England discontinued the white fiver and replaced it with a coloured note I don't recall an economic collapse in the UK following this change. Billy Ah, but inflation... The downfall of the pound since the early sixties is, without a doubt, due to the colour of the pound notes. -- dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131 home: bovenover 215, 1025 jn amsterdam, nederland; http://www.cwi.nl/~dik/ |
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#32
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"note.boy" wrote in message ...
That's avery interesting economic theory, the color of a country's notes determines it's value against other currencies. I didn't say that exactly. The dollar and green are practically synonymous. To take away the green and thus make it generic and European in a time when a new, strong currency is being introduced in Europe was certainly not an intelligent thing to do. |
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