Mr Engels was of course one of the people behind communism. But who knows about Joachimsthaler? Actually, his name ultimately led to the word dollar.
A hundred years ago the professors at Vienna University understood why communism couldn't work. And they'd probably have been horrified to be told that the dollar would eventually become just another fiat currency.
1 comment:
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David Farrer
Thaler > Dallar > Dollar
or
Thaler > Thollar > Dollar
7 October 2011, 17:41:37 GMT+01:00
jameshigham
Well, I never knew that. I can't quite get "dollar" out of that name though.
5 October 2011, 20:52:26 GMT+01:00
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