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To: Peter Neidhardt who wrote (12220)	5/27/1998 4:55:00 AM
From: marcos	Respond to of 116836

WIN (OR LOSE) $500 erols.com From erols.com In his intro erols.com the author says; "Anchor currency: The anchor currency is a currency chosen for its expected stability and international acceptability. For most currency boards the British pound or the U.S. dollar has been the anchor currency, though for some of the recent currency board-like systems the anchor currency is the German mark. The anchor currency need not be issued by a central bank; a few currency boards have used gold as the anchor currency." His doctoral thesis erols.com is long but readable. ~~~~~~~~~~~~~~~~~~~~~~~~~~ "Can you understand why I call the IMF the "Evil Empire"?" polyconomics.com [current, will change] polyconomics.com [archived] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "Mexican Monetary Lessons" cato.org