Tolerance.ca
Directeur / Éditeur: Victor Teboul, Ph.D.
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Indépendant et neutre par rapport à toute orientation politique ou religieuse, Tolerance.ca® vise à promouvoir les grands principes démocratiques sur lesquels repose la tolérance.

Will British Pound Remain Major Convertible Currency?

(Version anglaise seulement)
It ranks as one of the most disingenuous claims ever made by a modern British politician. Buffeted by a balance of payments crisis, Britain was forced in 1967 to devalue the pound by nearly 15 percent against the dollar, prompting the then-prime minister, Harold Wilson, to try to reassure a skeptical public that it "does not mean that the pound here in Britain, in your pocket or purse, or in your bank, has been devalued." Britons soon found otherwise, as living standards were...

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