Monday, August 29, 2016

As Joe Stiglitz Says - At 0.2% Growth The Greek Economy Is Nailed To The Cross Of The Euro

One of the interesting, but wrong, economic and monetary ideas of the 1890s was that supported by William Jennings Bryan, that bimetallism would be a cure for the ailments of the American economy. Lovely rhetoric of course, that tremendous "Cross of Gold" speech but not actually a good economic idea [...]

from http://ift.tt/2bMGCWl

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