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If the value of the currency is jointly tied to the economic performance of all member states, I wonder if that then lessens the penalty of bad economic decisio
by liampulles 2y ago
If the value of the currency is jointly tied to the economic performance of all member states, I wonder if that then lessens the penalty of bad economic decisions of worse performing member governments?
- iluxonchik 2y agoIf designed & implemented correctly - absolutely. In fact, as I outline in the article, this is one of its most exciting value propositions. I'm not sure how far along you've got, but your question is answered in the following sections: - Supply, Demand, Value & Oranges - BRICS Supply During Economic Boom - BRICS Suppply During Economic Downturn