A Proposal For A Currency Board In A Democratic Burma

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There is, as Keynes observed (1919, p.220), 'no subtler, no surer means of overturning the existing basis of society than to debauch the currency'. Burma's military regimes have debauched the currency and they have overturned society. Righting this endemic practice should be a priority for a new and democratic government...
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Burma's military regimes have debauched the currency and they have overturned society. Righting this endemic practice should be a priority for a new and democratic government. Restoring confidence in Burma's currency and in its monetary and financial system will be greatly aided by the use of a currency board...
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