[was: RE: [PEN-L:22833] RE: IMF, USAID, & Afghanistan (by George Monbiot)]

> >...On January 29, the IMF's assistant director for monetary and 
> >exchange affairs suggested that the country [Afghanistan] 
> should abandon
> its 
> >currency and adopt the dollar instead. 
> 
> My alternative proposal -- that Argentina should peg its 
> currency to the
> Afghani -- met with but scant support :)
 
actually, it might make sense for the main South American currencies to peg
their currencies _to each other_ rather than to the dollar (or to what's the
name of that European currency...? ;-))
Jim Devine

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