3 ms·

Why don't the US states use different currencies to be more competitive? Is there a communist/corporative conspiracy?

• deleted 8y ago
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• deleted 8y ago
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• sgt101 8y ago
  US states enjoy fiscal as well as monetary union. The tax take in New York is used to balance monetary transfers from Tennessee, this is not the case between Greece Italy Spain and Germany.
  • thefounder 8y ago
    Fiscal union is no there yet but I think is the fist thing on the EU economic agenda. Before the immigration issue the fiscal union and a EU finance minister were the main subjects. Macron supported this even during his campaign.
    • sgt101 8y ago
      It is utterly essential. There must be substantial transfers from the German-Dutch-Belgian area to the South. I highly doubt that this will happen, but if it does then the Euro is saved as is the European project. But, I highly doubt it'll happen. Macron and France can vote for it as much as they like...