On Aug 5, 2012, at 3:39 PM, [email protected] wrote: > But surely the truth must be somewhere inbetween. The Soviet Union had state > power, but not the ability to make its currency valuable internationally.
A currency's value depends on what it can buy. The ruble could buy Soviet TVs, which as The Economist snottily put it, whose most exciting feature was wondering whether the set would burst into flames. It could not buy a Sony. Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
