Why the Israeli shekel should lead the world
Israel has the perfect opportunity to lead the way back to a currency exchangeable into gold or silver, and with a Biblical precedent: The patriarch Abraham.
Talk about a light unto nations. The shekel is in the news this week because its soaring value is proving to be a problem for Israel’s exporters. Reuters reports that the appreciation is forcing Israel’s foreign customers to pay more for the country’s exports. Some Israeli companies are...
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