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Why are you comparing EU against an economy that also has a common currency that cannot be manipulated by member states?
by izacus 2y ago
Why are you comparing EU against an economy that also has a common currency that cannot be manipulated by member states?
- graemep 2y agoBecause the US is structured in a way that makes a common currency workable. It has direct federal taxes, and a very large federal budget. The EU budget is a tiny fraction of total EU public spending. There is a huge difference between EU states and US states.