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And right now, the economic cycle requires Germany to have 6-8 % yearly inflation for a few years, so Greece can avoid deflation while the trade imbalance is worked out.

If you don't like that, then you don't like the common currency.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Feb 12th, 2012 at 02:51:21 PM EST
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