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<p>[QUOTE="EWC3, post: 3743923, member: 93416"]Full marks for that. The equivalent situation in the UK seems to me dreadful. Such machines over here - in my experience - are found in supermarkets not banks - and do not carry health warnings on the cover. If you start the process you find shocking fees - about 10% as I recall - (which I think you might find in Indian bazaars in the not too distant past). </p><p><br /></p><p>I only once saw anyone use such a machines in the UK! </p><p><br /></p><p>As I recall the Pergamum inscription suggested a gross change rate of c. 1/17 = about 6% - under Hadrian? (Pretty much like FX today)</p><p><br /></p><p>There is a lobby amongst modern bankers to get rid of coin of course, for a whole bunch of reasons. Worth remembering that Keynes made some rather derogatory comments about coin use, near 90 years ago. And the influential historian Moses Finley seemed to offer interpretations of the Greek/Roman economies that, to me at least, seemed to build more on Keynes’ opinions than the facts.</p><p><br /></p><p>in haste</p><p><br /></p><p>Rob T[/QUOTE]</p><p><br /></p>
[QUOTE="EWC3, post: 3743923, member: 93416"]Full marks for that. The equivalent situation in the UK seems to me dreadful. Such machines over here - in my experience - are found in supermarkets not banks - and do not carry health warnings on the cover. If you start the process you find shocking fees - about 10% as I recall - (which I think you might find in Indian bazaars in the not too distant past). I only once saw anyone use such a machines in the UK! As I recall the Pergamum inscription suggested a gross change rate of c. 1/17 = about 6% - under Hadrian? (Pretty much like FX today) There is a lobby amongst modern bankers to get rid of coin of course, for a whole bunch of reasons. Worth remembering that Keynes made some rather derogatory comments about coin use, near 90 years ago. And the influential historian Moses Finley seemed to offer interpretations of the Greek/Roman economies that, to me at least, seemed to build more on Keynes’ opinions than the facts. in haste Rob T[/QUOTE]
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