Currency


"When you look at a currency crisis, and there have been
dozens and dozens of currency crisis since the end of the
second world war, where currencies have disappeared or
been completely destroyed, the people that react last are
the people in the country where the currency is destroyed.

And it's a very natural thing to have happen, because you're
constantly dealing in the currency, you're getting paid in the
currency, you're spending that currency, and you think all is
going to be well. It's outside the country that people recognize
first, if that currency has particular problems."

-James Turk
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