Erma Bombeck Quotes
One certainty when you travel is the moment you arrive in a foreign country, the American dollar will fall like a stone.
Bombeck, Erma. When You Look Like Your Passport Photo, It's Time to Go Home. HarperCollins, 1991.
Describing the currency situation of the country:
What the Prime Minister was trying to say is that the buying power had not been diminished suddenly for local and non-imported items.
The assumption was that money would always be backed by gold or silver. In effect, raising or allaying the money was to change the amount of gold or silver that a particular denomination of money would be able to be exchanged for. This is one of the interesting proofs that these processes did nothing economically—for if they could, no one would want the money. This has always been a weakness or a strength—depending on one’s political point of view—of a gold standard.
This is the first major history of banks written in the United States.
Erma Louise Bombeck was an American humorist who achieved great popularity for her syndicated newspaper humor column describing suburban home life from 1965 to 1996. She also published 15 books, most of which became bestsellers.