1996-09-30 - Re: the theory of split currency

Header Data

From: “Perry E. Metzger” <perry@piermont.com>
To: Robert Hettinga <rah@shipwright.com>
Message Hash: 4dcb8dd0a65c165f36644ac8028c300a7b4d0e891b1252ec197105dc3af6a8b0
Message ID: <199609301523.LAA15152@jekyll.piermont.com>
Reply To: <v0300780fae75885ba0ff@[206.119.69.46]>
UTC Datetime: 1996-09-30 20:11:01 UTC
Raw Date: Tue, 1 Oct 1996 04:11:01 +0800

Raw message

From: "Perry E. Metzger" <perry@piermont.com>
Date: Tue, 1 Oct 1996 04:11:01 +0800
To: Robert Hettinga <rah@shipwright.com>
Subject: Re: the theory of split currency
In-Reply-To: <v0300780fae75885ba0ff@[206.119.69.46]>
Message-ID: <199609301523.LAA15152@jekyll.piermont.com>
MIME-Version: 1.0
Content-Type: text/plain



> Is there a name for a dual or split currency, in which
> there is one currency for domestic use and another, different
> appearing, currency for foreign usage?

I don't know of such a name, however...

> Does anyone know of any country which has had such a
> split currency?

...this has been a common situation, in fact. South Africa, China, the
Soviet Union, and other unpleasant places have repeatedly done
this. Its usually a remarkably stupid idea.

Perry





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