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He worked for a balanced budget, sound currency, free enterprise, reduced govt. spending, & low wages & prices.
And there must be provision for an adequate but sound currency.
There must be strict supervision of banking, an end to speculation with other people's money, and provision for an adequate and sound currency.
Such measures would help complete the banking union and are an essential step toward making the euro a structurally sound currency.
A consistent champion of "sound" currency, he opposed the resort to paper money during and after the U.S. Civil War (1861 65).
Menard ran for Louisiana's Second District seat on a platform of equal rights for blacks, low taxation and sound currency in the payment of war debts.
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Sound currencies will be back – "linked to gold as it [the dollar] was until the 1970s in a Bretton Woods-style agreement" the publisher predicts.
It will need the state to create the framework – just as it created the framework for factory labour, sound currencies and free trade in the early 19th century.
The difficulties in financing that war pointed to the need for a better banking system and a sounder currency.
Students can transfer these to George Mason University.Even if MOOCs can coin sound academic currency, they must also make real money.
The first would make base money sound by installing currency boards with liabilities (high-powered money) that are fully backed by a foreign reserve currency or by simply replacing national money with sound foreign money or monies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com