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tonyedgecombetoday at 2:25 PM1 replyview on HN

The problem is if you let your debts run too high then you can’t print your way out the problem.

Very few countries seem to have the fiscal discipline to make joining the euro a sensible option.


Replies

tadfishertoday at 6:33 PM

You need a desirable currency for that to work. Not every currency has a volume like the USD and Euro.