Le franc restera-t-il le franc?
Going through boxes of old books inherited from my grand parents, I found a small book from 1945 titled “ Le franc restera-t-il le franc? ” [1]. It could be translated in English and in today’s vocabulary by “ Will the Euro stay the Euro? ” This is a good question! Reading through the introduction and the first chapters, I found it very current. The last sentence of the introduction reads (my translation): Why always bury our heads into the sand, close our eyes, use subterfuges, adopt monetary palliatives instead of taking a dispassionate view to certain truths that are not nice to say but that are inexorably revealed by the mathematical deduction of the laws of economics. Yes, a very current question indeed. [1] Charles Périn, 1945, “ Le franc restera-t-il le franc? ”, Larcier, Bruxelles.