Marcel van der Beek

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Last quote by Marcel van der Beek

In history, there had been a lot of monetary unions. A good example is the Dutch Republic in the so-called 'golden age', in the 17th century. The Netherlands were not one country but a federation of provinces and they agreed to have a common coin, a common currency for trading purposes. It was a very stable coin, its worth remained the same for more then two centuries.feedback
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May 25 2012
Marcel van der Beek has most recently been quoted in an article called The Dutch face austerity. Marcel van der Beek said, “In history, there had been a lot of monetary unions. A good example is the Dutch Republic in the so-called 'golden age', in the 17th century. The Netherlands were not one country but a federation of provinces and they agreed to have a common coin, a common currency for trading purposes. It was a very stable coin, its worth remained the same for more then two centuries.”.
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