#132 Phil Armstrong: Greece, The Euro & Getting The Money Story Right
The MMT Podcast with Patricia Pino & Christian Reilly
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The European Central Mant Isn't Going to Make Concessions
With a competent government and efficient fiscal machinery, i see no essential problem. The idea that they're basically stuck in the ural for ever is a pretty worrying idea. They daren't leave the ural. So the urazone can essentially bully them for evermore. If there's no threat that greece will ever lead to europe, why would the,. if you like, the european central mant ever make concessions? I think it makes absolute m m t sense. It recognizes the fundamental ideas that the states got a lot more capacity than is recognized by people who think it's a currency user. There may be difficulty in greasing, inimporting as much
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