France's Noyer on banknotes' stretch

Christian Noyer has answered the question that was on everyone's lips: Just how far would the 15bn euro banknotes stretch if laid end-to-end?

According to Noyer, who will soon replace ECB bound Jean-Claude Trichet as Governor of the Bank of France, the answer is that they would stretch from the earth to the moon five times.

This little gem of wisdom provoked someone at the time to say, as the FT reported it, "That man will go far".

Indeed he has, and CentralBankNet thinks he will no doubt keep a

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