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REPORT ABUSIVE REPLY
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Message Subject
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***BREAKING NEWS** The new Deutsche Mark banknotes are here**Picture will follow tomorrow***
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Poster Handle
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Anonymous Coward |
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Post Content
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SECOND CURRENCY
Increasing the money supply without causing a devaluation of the euro!
If Greece introduced the drachma internally only, while maintaining the euro for external transactions, Greece could print money freely at home, without affecting the euro!
This may be an alternative solution to abandonment of the euro by Germany or by Greece or other weak countries.
What would happen if the US did the same?!
Maybe, this solution would allow the US$ to remain more credible, while finding a way to pay bills at home!
Quoting: Anonymous Coward 1025232It's a very old story. Recall Goldmark after WWI, or golden ruble.. In all cases it leads to a collapse of the internal currency. It's no benefeit for them to do so - switching to drachmas only makes sense if they pay debt in drachmas.
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