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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (84414)5/22/2010 9:56:13 AM
From: chartseer  Respond to of 224729
 
oh bummer! The big difference between the U.S. and greece is the U.S. has it's own currency. Therefore the U.S. can just print more money to payoff it's huge debt. Greece cannot print more Euros only the european union can do that. Printing more money leads to a devaluation of the currency.

don't worry! Be happy!

the hopeless comrade chartseer in the new era of devalued currencies


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