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European Salon de News, Discussion et Klatsch - 16 May | 147 comments (145 topical, 2 editorial, 0 hidden)
Re: Why Print Money? (none / 1)
The discount would probably be very high,

Potentially.

That the collapse of an overvalued currency peg sucks is not something any sane person would deny.

It's just that unilaterally attempting to maintain an overvalued currency peg sucks worse.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed May 16th, 2012 at 03:02:55 PM EST
[ Parent ]
Re: Why Print Money? (none / 0)
Apparently what we are discussing here is moot anyway. And Greece hasn't got a government to react.
by Katrin on Wed May 16th, 2012 at 03:57:08 PM EST
[ Parent ]
Re: Why Print Money? (none / 0)
It has been moot for over two years by now, since that's roughly how long it's been obvious to anybody who was paying attention that this charade could not continue.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed May 16th, 2012 at 04:05:43 PM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 16 May | 147 comments (145 topical, 2 editorial, 0 hidden)
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