Sunday, June 17, 2012

Printing money: How to create a currency, BBC News

With the impending Greek elections and the talk of Greece potentially returning to its former currency, people speak as though creating a new currency is a simple undertaking. This article goes into a little more detail of what big steps are actually taken when a country implements a new currency. Fortunately, the global economies are so interconnected today that no country has an interest in seeing Greece struggle with a new currency plan. Therefore experts from around the world (straight with the IMF) will be there to guide the country through this fairly difficult challenge.

You can find the article here on the BBC News website

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