2:00PM Water Cooler 6/16/2023 | naked capitalism
Today's Water Cooler
Source: nakedcapitalism.com
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Why Do Most Countries Have their Own Currency? Governments Wanted It that Way.
Among the many facts of modern life that are accepted without question by most ordinary people is that it is somehow perfectly natural, expected, and unremarkable that every sovereign state should have its own currency. We see this everywhere in names such as "the U.S.
Source: mises.org
Why Do Most Countries Have Their Own Currency? Governments Wanted It That Way.
Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies
Source: infowars.com