The reputation of any currency is a matter of opinion.
The value of a currency, (similar to many goods) is somewhat dependent upon buyers opinions; were uncomfortable considering the extent of subjectivity thats factored into the value of any currency.
If those who pretend to manage governments currencies honestly consider the consequences of panic, they must often suffer and are awaken from their nightmares.
Panic is powerful force; a currency can power dive driven by panic. Fearing the repercussions due to legislators publicly considering default of U.S. debts is not a foolish consideration.
Brazils experience demonstrates the great extent of opinions effect upon currencies values. Its a remarkable story.
How Fake Money Saved Brazil : Planet Money : NPR
or Google: npr, how fake money saved brazil
Respectfully, Supposn
The value of a currency, (similar to many goods) is somewhat dependent upon buyers opinions; were uncomfortable considering the extent of subjectivity thats factored into the value of any currency.
If those who pretend to manage governments currencies honestly consider the consequences of panic, they must often suffer and are awaken from their nightmares.
Panic is powerful force; a currency can power dive driven by panic. Fearing the repercussions due to legislators publicly considering default of U.S. debts is not a foolish consideration.
Brazils experience demonstrates the great extent of opinions effect upon currencies values. Its a remarkable story.
How Fake Money Saved Brazil : Planet Money : NPR
or Google: npr, how fake money saved brazil
Respectfully, Supposn