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Sound currency

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(Com.) a currency whose actual value is the same as its nominal value; a currency which does not deteriorate or depreciate or fluctuate in comparision with the standard of values.

See also: Sound



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Kokesh frequently speaks about the creation of the Federal Reserve system in 1913, blaming the Fed for many of today's economic and social problems, saying the dollar is no longer a sound currency.
Or Americans can return to fiscal sanity, balance the budget, abolish the Federal Reserve, restore sound currency, and return to the prosperous economy and free political system our nation enjoyed during much of the 19th century.
In short, years after its introduction, the euro is now widely considered a sound currency, and it probably enjoys the same reputation as the Deutsche Mark, the most prestigious currency of the euro area before the common currency was launched.
 
 
 
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