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Willem Buiter goes through the process and alludes to this.  However he sees many of the effective benefits of the Euro applying even during this transitionary phase.  Perhaps I should amend the poll to reflect this distinction.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Dec 11th, 2008 at 03:46:54 PM EST
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