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An unlikely champion

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Tags Monetary Theory

01/11/2007

From the heart of the would-be global Hoi Phylakes — the Council for Foreign Relations — comes a piece written by their Director of International Economics, Benn Steil, which bemoans the costs imposed by monetary nationalism and floating exchange rates and even suggests that 'digital gold' accounts might one day become the money of the future. Truly remarkable!

Sean Corrigan is the author of 'Money, Macro & Markets' newsletter & Consultant to Hinde Capital.

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