Financial Times
Volapük. In 1880 a priest Johann Martin Schreyer from Bavaria fashioned a language that he believed the whole world could use. He blended phrases from German, French and English and gave this language the title Volapük, which didn’t add much to it. Unfortunately, was too twisted to make use of, sprinkled with uncommon sounds and case endings much like Latin.
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The Fed’s stance stands in sharp distinction to a lot of its peers in developed international locations which have …