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Re: Keynesian Christmas!-- and the collapsiing international payments system -Argentina and the ensuing slippery slope



According to FT, Argentina decided to introduce "third currency" called the argentino. This is the denomination, except
the point that its currency"will circulate alongside the peso and the US dollar". I'd like to ask you how large effect
the introduction of new currency has on getting the economy out of its economic crisis.

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  Kazuhiro Kurose
  Graduate School of Economics and Business
  Administration, Hokkaido University
  Kita 9 Nishi 7, Kita-Ku, Sapporo, Japan
  060-0809
    TEL: +81-11-716-2111 ex:2786
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