Carter bonds were a series of United States Treasury securities issued in 1978 and 1979 under the administration of President Jimmy Carter. Unusually for Treasury securities, they were denominated in foreign currencies, namely West German marks and Swiss francs. Their purpose was to acquire reserves of those currencies for the Treasury's Exchange Stabilization Fund, which then traded them for dollars in circulation, thereby supporting the dollar and restraining inflation.[1]
References
[edit]- ^ "Exchange Stabilization Fund History". U.S. Department of Treasury. 25 January 2024.
Well, that’s interesting to know that Psilotum nudum are known as whisk ferns. Psilotum nudum is the commoner species of the two. While the P. flaccidum is a rare species and is found in the tropical islands. Both the species are usually epiphytic in habit and grow upon tree ferns. These species may also be terrestrial and grow in humus or in the crevices of the rocks.
View the detailed Guide of Psilotum nudum: Detailed Study Of Psilotum Nudum (Whisk Fern), Classification, Anatomy, Reproduction