Thursday, February 10, 2005

Sign of the times

Soj appears very pleased that the government of Romania has taken the step of permitting foreigners to hold bank accounts denominated in local currency.

The reason is instructive: because otherwise, Soj's US dollars were depreciating in real terms. Strange days, these, when the Romanian lei is a safer bet than greenbacks...remember this post?

No comments:

kostenloser Counter