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> States don’t have monetary policy and are limited to taking debt in fiscal policy. Because this doesn't apply to countries, only states.
by echoangle 2y ago
> States don’t have monetary policy and are limited to taking debt in fiscal policy.
Because this doesn't apply to countries, only states.
- windward 2y agoDon't let the Eurozone hear that
- arrosenberg 2y agoThose programs were all established prior to the EuroZone. A single European country would find it much harder to do today for the reasons stated.