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But absent a monetary union there is no reason not to have capital controls.

Are unrestricted movements of capital within France "a major problem"?

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Thu Jul 17th, 2014 at 11:32:37 AM EST
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