Freedomain Posted July 15, 2015 Posted July 15, 2015 Over the years, the general public has been told many false reasons as to why the Euro was necessary. Everything from economic stability - to preventing World War III has been used as justification for the European currency’s existence. In light of the economic crisis in Greece, we strive to answer: What is the truth about the Euro and the European Central Bank? Rotten Heart of Europe: The Dirty War for Europe's Money by Bernard Connollyhttp://www.amazon.com/dp/057117521X/?tag=freedradio-20The Tragedy of the Euro by Philipp Bagushttp://www.amazon.com/dp/1479296759/?tag=freedradio-20Economic Thought and the Making of European Monetary Unionhttp://www.amazon.com/dp/1840648007/?tag=freedradio-20Inflationhttp://data.worldbank.org/indicator/NY.GDP.DEFL.ZSCurrencies vs. Goldhttp://fxtop.comGerman Consumer Price Indexhttps://research.stlouisfed.org/fred2/series/DEUCPIALLAINMEILong-Term Interest Rateshttp://ec.europa.eu/eurostat/web/interest-rates/databaseDebt to GDPhttp://ec.europa.eu/eurostat/web/government-finance-statistics/data/databasehttp://www.tradingeconomics.com/greece/government-debt-to-gdphttp://sdw.ecb.europa.eu/quickview.do?SERIES_KEY=325.GFS.A.N.I7.W0.S13.S1.C.L.LE.GD.T._Z.XDC_R_B1GQ.EUR.F.V.N._TFrance and Europe: An Ambivalent Relationshiphttp://www.brookings.edu/fp/cuse/analysis/lefebvre20040901.pdf
Anuojat Posted July 16, 2015 Posted July 16, 2015 Spot on Stefan I cringed the the french accent part but then realised you had agood point: The politicians in there may have aswell said what you did. Not giving a crap about germanys and frenches past execpt for how it can be used as political weapon. Also video like this (and peter shiffs recent episode 94) are exellent preludes among other sources for statist and socialist to NOT be able to say libertarians either saw nothing coming or that this has anything to do with the free market or capitalism.
luxfelix Posted August 14, 2015 Posted August 14, 2015 Interesting (somewhat related) story: http://www.chicagofed.org/digital_assets/publications/working_papers/2009/wp2009_12.pdf Enjoy!
NumberSix Posted August 14, 2015 Posted August 14, 2015 When politicians and bankers say trust us, we know what's best, run for you're life!
Torero Posted August 14, 2015 Posted August 14, 2015 Excellent, excellent stuff Stefan. Great metaphores and some practice for your upcoming desired comedy show. With your French act I even opened a bottle of wine (seriously, no kidding*). Santé! Idea for the "Obamacare" point "I will think of an example in my head" on "retractable laws", what about the infamous "Patriot" Act? "[You], the people, will get your liberties back, really, promised, trust me, I'm a politician" Just one small point: the euro (the tangible currency) was not introduced in 1999, yet on 01-01-2002, it was the EMU in 1999. You later corrected, though. *and due to ridiculous import taxes here (Mike knows about them) not cheap.
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