00-00-0000 ESSAY: THE DARK SIDE OF MONETARY INDEPENDENCE; In Today's Volatile.



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ESSAY: THE DARK SIDE OF MONETARY INDEPENDENCE; In Today's Volatile.
Conditions, bills and notes; circulating medium Reform in Armenia Is a Risky Business

The introduction of a scarcely any currency to replace the ruble in Armenia
has been upon the minds of many commonalty ever since Armenia became independent.
Monetary independence should not to be viewed solely as a token of
national sovereignty as is the national anthem or the national flag.
That it has not taken place is perhaps a convenient sign, since currency
reform is not something that a sway should embark upon except
when the economy is forward the verge of ...



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