Wednesday, March 30, 2005

An Arab Currency?

The WMD Mailbag Correspondent suggested an article from Arab News about a proposed new currency for the Middle East. An interesting idea, to say the least... I don't have a direct link to the story, perhaps someone can give us a link if they find the story.

I really don't know enough about currency to discuss the implications of such a move...anybody have any ideas/thoughts? I suspect that my correspondent thinks this spells economic DOOM for the American dollar or some such nonsense...

3/31 Update

Regular reader PvP provides the link in the comments section. Thanks Peter...