The slowdown now comes because the Eurozone currency turmoil is reducing American exports.
But we do at least have one currency and one government, however inept it is.
A dollar millionaire that is, even though it might be enough for most Swedes to become a millionaire in their own currency.
Indeed, when it comes to the paper version of American currency, $100 bills are the show.
"You had boxcar loads of currency" moving across borders, says Michael Spencer, an economist who has written about this period.
The currency of California at that time was hides, which were estimated as so many dollars.
Just how much of this currency was issued the records do not show.
That is all the power necessary for transmitting the public funds and regulating exchanges and the currency.'
These men did not hesitate to attempt a currency of their own.
This important work was the re-establishment of the currency.
1650s, "condition of flowing," from Latin currens, present participle of currere "to run" (see current (adj.)); the sense of a flow or course extended 1699 (by John Locke) to "circulation of money."
Any form of money in actual use as a medium of exchange.