Alternatives to the Dollar

  • Brendan Brown


Blue and brown used to be combined only rarely in clothing design. Then the one thousand and second tale of the Arabian nights unfolded: one day in late 1973 the total wealth of Arabia was quadrupled. The redistribution of world purchasing power brought new influences to bear on fashion-making. Blue and brown are the colours of the desert. They are a traditional mix in oriental art, notably in Persian rugs. By 1977 the blue-and-brown combination had become popular even in Chicago, where blue and brown umbrellas were the season’s rage!


Exchange Rate Monetary Policy Central Bank Political Risk Swiss Franc 
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Chapter 3

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  5. Officer L. H. ‘The PPP Theory of Exchange Rates: A Review Article’ IMF Staff Papers, 23 (March 1976) pp. 1–61.CrossRefGoogle Scholar

Copyright information

© Brendan D. Brown 1979

Authors and Affiliations

  • Brendan Brown

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