Latvia's Third Option: Neither Devaluation nor Austerity, but Tax Restructuring By Michael Hudson.
Is a link now available to his FT piece? As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
Is a link now available to his FT piece?
I haven't seen one. But you could probably get at it via Google News..... "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky