
#132 Phil Armstrong: Greece, The Euro & Getting The Money Story Right
The MMT Podcast with Patricia Pino & Christian Reilly
00:00
Do the Greek Population Trust Their Own Government?
Most of us haven't got debts denominated in dollars. We just, most workers and ordinary businesses we're bein paid in ours. So if it's all internal debts between businesses, you can pay those in drahma. But the question is, that might be one of the issues. Do the greek population trust their own government? That might be a bit of a problem. You know, that for all we say about m n t, and it makes absolute sense, that could be a problem persuading people that governments hat malyanger ta record are actually going to be able to do it now.
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