Wednesday, May 9, 2007

The Dollar

Something that came to mind while thinking about the global reserve system's effect on the dollar (and visa versa). I read Eric Schlosser's Reefer Madness this summer during my tour of the US for the JASC conference. An interesting point it brought up was the possible effect of the 500-euro note in the unofficial economy--the ever-popular $100 bill we see in neat stacks in the briefcases of movie criminals may soon be replaced with that 500 note, which is a tidy store of value. The excerpt can be read here.

Meanwhile, the ever-present talk of airlines and Boeing make me want to watch Casino Royale again.

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