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By making the Mark convertible to Euro indefinitely, Germany decided that it would be the only Euro-zone country that wasn’t going to participate in the confisc
by Kon-Peki 2y ago
By making the Mark convertible to Euro indefinitely, Germany decided that it would be the only Euro-zone country that wasn’t going to participate in the confiscation of what turned out to be billions from their own citizens. It’s called seigniorage and has been a thing since Roman times or even before.
- sigmoid10 2y agoThis is simply wrong.