tag:blogger.com,1999:blog-4900303239154048192.post5408769815177501746..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Should Greece Take A "Euro-Holiday"?Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4900303239154048192.post-64201284737734963202010-03-04T15:01:35.614-05:002010-03-04T15:01:35.614-05:00But Latvia has pegged its currency to the euro! I...But Latvia has pegged its currency to the euro! It' basically in the exact same boat, which is why its doing just as bad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-17013037939507392432010-02-27T21:40:04.269-05:002010-02-27T21:40:04.269-05:00Money<a href="http://video.foxbusiness.com/v/4015119/greece-are-we-next-/?playlist_id=87185" rel="nofollow">Money</a>TheTruckerhttps://www.blogger.com/profile/10346127768102862741noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-76679954058265107802010-02-27T21:04:09.058-05:002010-02-27T21:04:09.058-05:00Many of the Libertarians think that banks should b...Many of the Libertarians think that banks should be able to print their own money. Here in the USA they believe that each state should surely be able to have its own currency. This may actually happen if things get a lot worse. The "financiers" or "hedge bettors" have already destroyed all the fiat currencies by creating massive amounts of credit outside the banking systems and outside the control of the nation states. It is a real test of nation states to see if they will survive. And the only way they will be able to survive is to make sure that they regain control of money by printing a lot more of it and taxing a lot more of it. EARNED incomes need to increase by 50% and income tax rates on the very wealthy need to be increased by at least that much.TheTruckerhttps://www.blogger.com/profile/10346127768102862741noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-83304290570828048382010-02-26T09:23:31.724-05:002010-02-26T09:23:31.724-05:00This question is way beyond me.
I really don'...This question is way beyond me.<br /><br />I really don't know what the difference is between the EU and the Eurozone.<br /><br />My instincts tell me that it would be pretty disastrous for a nation to give up its ability to create a domestic currency. However, I also see the advantages of a currency union to counter US dollar hegemony.<br /><br />I think the EU nations should get together and limit the size of all corporations that operate within them. So that the political/economic balance is not destroyed by mega-sized corporations and their associated networks.<br /><br />Then nations should have the option to print their own currency for purely domestic transactions and a different currency for trans-national exchanges.<br /><br />All off the cuff...Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.com