22.10.2021 - Comments

Liraisation of the euro – and then?

by Thomas Mayer


Since the euro crisis, the Latin European countries have converted the European Monetary Union to their economic culture. The "liraisation" of the euro is likely to be irreversible. Euro countries that prefer a hard currency could realise this by creating a parallel currency to the euro. There is a historical model for this: the German Rentenmarkrlor 52 Prozent.

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