Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

an arrangement established in 1979 under the Jenkins European Commission where most of the EEC linked their currencies to prevent large fluctuations relative to one another (after the demise of Bretton Woods); replaced the informal EEC agreement to prevent rate fluctuations of 2.25%+; created the ECU (fluctuations within narrow band of 2.25% or wide band of 6%); Deutsch Mark informally emerged as the centre of this arrangement


on the morning of 15 September 1978, they had signed a bilateral agreement to create the European Monetary System (EMS)--the Euro's precursor

—p.69 Troubled Pilgrims (69) by Yanis Varoufakis
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6 years, 7 months ago