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There are alternatives that amount to basically the same thing and are also disruptive, but perhaps differently. For example, they could leave the Euro, print
by loumf 14y ago
There are alternatives that amount to basically the same thing and are also disruptive, but perhaps differently. For example, they could leave the Euro, print money to bailout, let inflation rise, let their new currency devaluate, etc.
It's also very risky and results in savers losing money. It's also less progressive than what they are proposing as it's strictly just a flat percentage of assets.