Dubia Money Intregue Part II

mrbrklyn · Aug 30, 2012

Just what do those bridges and windows on Euro banknotes mean…?

So in trying to match ancient Rome’s monetary reach, the Euro is running pretty much neck-and-neck with the almighty Dollar.

Some €898 billion of printed notes, plus €23bn in coin, were in circulation at end-July 2012, says the European Central Bank. By value, that just pipped the amount of physical US Dollars in circulation – put by the Federal Reserve at around $1.1 trillion. One third of those Euros took the form of €500 banknotes, the highest-value note now in circulation worldwide, and the gangster’s money of choice everywhere. But all told, the Eurozone’s population, together with the 6 other states now using the single currency, still lags the official Dollar zone, 334 million to 339 million.
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If you haven't read this yet, it really is an interesting set of articles.

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mrbrklyn · Aug 30, 2012

http://www.dubaichronicle.com/2012/08/30/gold-coins-faceless-money/

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