Yeah this was one of the main points of the book IIRC. If you have a sovereign currency the idea of balancing your budget like a household isn't an apt analogy.

Yeah this was one of the main points of the book IIRC. If you have a sovereign currency the idea of balancing your budget like a household isn't an apt analogy. If you belong to the EU, then you need to think like that. Makes the UK seem smart for insisting on maintaining the GBP, though personally I think Brexit wasn't a good move.