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1.Most of us would trust GM, IBM, or AT&T currency more readily than that of many developing nations because the 'currency' represented by these companies

1."Most of us would trust GM, IBM, or AT&T currency more readily than that of many developing nations because the 'currency' represented

by these companies is more likely to remain convertible. After all, a guarantee is only as good as the guarantor." (Negroponte 1996) Why then are central banks, today, the sole issuers of paper currency?

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