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A 21st century U.S. trade dollar

A 21st century U.S. trade dollar

joni Desember 02, 2016 Add Comment bimetallism, coins, dollarization/euroization, Federal Reserve, Ken Rogoff, legal tender Edit

"America's only unwanted, unhonoured coin." - John Willem on the silver trade dollar. The inspiration for this post comes fro...

From ancient electrum to modern currency baskets (with a quick detour through symmetallism)

From ancient electrum to modern currency baskets (with a quick detour through symmetallism)

joni Mei 27, 2016 Add Comment Alfred Marshall, bimetallism, China, coins, compensated dollar, gold standard, Gresham's Law, Irving Fisher, Lars Christensen, legal tender, Milton Friedman, symmetallism Edit

Electrum coins [ source ] First proposed by economist Alfred Marshall in the late 19th century as an alternative metallic standard to the go...

A brief history of the Guinea

A brief history of the Guinea

joni September 24, 2014 Add Comment bimetallism, coins, gold standard, medium of account, medium of exchange, unit of account, Willem Buiter Edit

1685 Guinea with the bust of James II ( link ) The guinea makes a fascinating story because its evolution reveals so many different monetary...

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