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If economic policy is not in the scope of government then you certainly have a very narrow concept of government power. Even the judiciary's only power is to di
by petermcneeley 7y ago
If economic policy is not in the scope of government then you certainly have a very narrow concept of government power. Even the judiciary's only power is to discover inconsistantancy in law. However given that you described elected officials as Authoritarian I would imagine you are simply a libertarian.
- rumanator 7y ago> If economic policy OP stated monetary policy, not economic. Furthermore, Greece's problems were primarily caused by the way Greek governments systematically mismanaged the Greek state, having resorted to a perverse and continuous push for a combination of massive accounting fraud and overspending fueled by collosal levels of sovereign debt.
- petermcneeley 7y agoThe original quote is economic policy not simply monetary policy. This is because Greece was facing an austerity crisis as a result of directives from the euro group.