7/12/2015

Currency in Europe

Perhaps it would be useful if €group allowed their memberstates to issue a secondary currency, which would stand in a running value to the euro. The exchange rate of national currency to the euro would then ideally be determined by the ratio of economic output of individual countries to economic performance in the euro zone in a running rate ratio.
So the exchange of national goods and services could take place on the basis of the nation-state currency, while the cross-border trade within the euro zone happens on the basis of the Euro.
This would have the advantage of a less interference-prone monetary union.

7/08/2015

Deutschland stellt sich selbst an den Schandpfahl. Über griechische Schulden wettern die Politiker in der BRD. Über die eigenen Schulden an das griechische Volk durch die vom Nazi Regime gemachten Zwangsanleihen sowie die damals verursachte Zerstörung von Menschen und wirtschaftlichen Werten schweigen dieselben Politiker sich aus. Dabei wäre dies der ideale Zeitpunkt eine Wiedergutmachung anzustreben. Ich schäme mich für unser Land. Pfui!!

Germany puts itself on the pillory. Politicians in Germany brabble in unison about the Greek debt. Over our own debts to the Greek people due to forced loans, and the destruction of people and economic values caused bythe Nazi Regime, the same politicians keep silence. It would be the ideal time to heal these old wounds by helping our greek neighbors and repay some of our depts to them. I am ashamed for our country. Ugh !!