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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (132)6/18/2001 8:02:11 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 974
 
printing paper would be "retail-level". Much easier at first sight would be to let inflation or deficit spending have its play (make it 25 ticks above the honest level) and let the central bank figure out, how to counteract skewed balances. However, this or something close to this has been taken care of in Amsterdam accord with punitive damages (!) in place if the corridor numbers for deficits for instance were not met.

dj



To: Box-By-The-Riviera™ who wrote (132)6/18/2001 4:33:13 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 974
 
you can't compare the communist East Germany to Euro zone member countries...there's a big difference in terms of transparency and justifiability of confidence in contractual obligations being adhered to. the contract in question being the Euro zone's stability and growth pact. i think it's safe to say that none of the member states will deviate in a material way from the monetary and fiscal guidelines laid out therein.


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