Saturday, August 31, 2013

Singapore Ship Series Commemorative $2 - Prudence At The Helm 1967-1992

This note is issued in 1992 along with a book titled "Prudence at the Helm" for commemorating 25 Years Of Currency Issue 1967 – 1992 BCCS. There is also a spelling error as there is a missing “i” in the word “Commissoners” printed on the note. There are only 5000 copies of this book being printed, corresponding to the serial number of the note. 

This book is a very good read for all currency collectors and people interested in Economics. My favourite read is the short write-up by Dr. Goh Keng Swee, the deputy chairman of MAS back in 1992, where he explained the need for a currency board and the stand of the government with respect to Economic policies. He wrote briefly about how Singapore should not depend on credit creation and the cabinet did not believe in Keynesian economic policies as our economy is small and open. A preview of the book from NLB can be found here.

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