Business Daily from THE HINDU group of publications Thursday, Nov 06, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Opinion
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Letters Switching to other currencies Apropos the article “Wanted: A new global currency” (Business Line, November 5), it is obvious that the confidence reposed by the global business community has been used by the US policy-makers to create a society which lives on future incomes and has forgotten the virtues and necessity of savings, thanks to its credit card culture. There is a need to create an alternative currency to ensure that the hegemony of the dollar is reduced. P. E. Muthu Mumbai More Stories on : Letters | Forex
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