Summary:
The parallel payment system that Greece's government proposed in 2015 would have bolstered the eurozone. By contrast, the Italian government's planned "mini-Treasury bills" would lead to the single currency's demise. Sounds like the Italian plan is far superior.Project SyndicateFiscal Money Can Make or Break the Euro Yanis Varoufakis
Topics:
Mike Norman considers the following as important: EZ, Italy, parallel currency
This could be interesting, too:
The parallel payment system that Greece's government proposed in 2015 would have bolstered the eurozone. By contrast, the Italian government's planned "mini-Treasury bills" would lead to the single currency's demise. Sounds like the Italian plan is far superior.Project SyndicateFiscal Money Can Make or Break the Euro Yanis Varoufakis
Topics:
Mike Norman considers the following as important: EZ, Italy, parallel currency
This could be interesting, too:
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The parallel payment system that Greece's government proposed in 2015 would have bolstered the eurozone. By contrast, the Italian government's planned "mini-Treasury bills" would lead to the single currency's demise.Sounds like the Italian plan is far superior.
Project Syndicate
Fiscal Money Can Make or Break the Euro
Yanis Varoufakis