|
For the greater good of the Common Market
Just to add.
"Weak currencies" is relative of course and, for fiat currencies, fixed at a particular point in time by the free market, with an element of interference from central banks at the behest of their governments.
As such, "weak, weaker" are not fully indicative of what is best for a nation at any particular stage of it's economic cycle - of course, for 28 countries there are 28 stages, all somewhat different.
The most useful thing that Germany could do for the Eurozone and the EU, and for Europe is to leave the Euro and re-adopt the D Mark.
Will they do that for the common good?
__________________
Dave
|
444Likes
Threaded Mode
