If two currencies are accepted in business transactions (e.g. in border regions), experience shows that the money judged to be better (= more stable in value) is hoarded and, if possible, the money judged to be inferior is used for payment. – See bimetallism, Gresham’s law, secondary currency, currency, limping.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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