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' People considered deflation bad enough to fight two world wars. ' That is an astounding stretch. Kohl of Germany put Germans into euro scheme without a vote
by landemva 5y ago
' People considered deflation bad enough to fight two world wars. '
That is an astounding stretch.
Kohl of Germany put Germans into euro scheme without a vote, because a vote on the centralized currency did not have support in Germany. Now the southern countries are trapped whereas before 2000 they had monetary sovereignty.