3 ms·
This is broadly true for any division of land with a single currency but it’s not as if going to tiny city states with unique currencies is also a good idea.
by bobthepanda 2y ago
This is broadly true for any division of land with a single currency but it’s not as if going to tiny city states with unique currencies is also a good idea.
- whatshisface 2y agoYou could have more currencies than states. That is how it used to work in the US.
- JumpCrisscross 2y ago> how it used to work in the US For a definition of “work” which normalises constant financial crisis.
- whatshisface 2y agoFrequent financial crises. Constant financial crisis better describes our dying small towns.
- JumpCrisscross 2y ago> Constant financial crisis better describes our dying small towns Financial crises are characterised by assets suddenly losing their nominal value. Our dying towns are in structural decline. Not financial crisis.