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govts that issue debt in their own currency

Posted on: April 14, 2012 at 16:00:44 CT
Gadfly MU
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don't default

there is no such bankruptcy scenario

this is an imagined boogeyman in your delusional brain

the only reason it is happening in greece

is b/c they share a currency w/ germany in the eu

and can't issue debt in their own currency

Edited by Gadfly at 16:00:54 on 04/14/12
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here is my political prediction for the future - Gadfly MU - 4/14 15:26:41
     That is certainly one possiblity - raskolnikov MU - 4/15 09:17:30
     Been waiting for this for years (nm) - Nohawks MU - 4/14 20:52:35
          i know - Gadfly MU - 4/14 20:53:43
     are u saying repubs are gonna be bad for us? - kbit MU - 4/14 17:57:34
          libertarian economics is bad for America - Gadfly MU - 4/14 17:58:45
     RE: here is my political prediction for the future - sarasotatiger MU - 4/14 16:35:50
     Romney will most likely lose - Spanky KU - 4/14 16:11:26
          is it b/c he is too weird? - Gadfly MU - 4/14 16:12:15
               no, it's because he wears magic underpants (nm) - ashtray USA - 4/14 18:19:01
               No... - Spanky KU - 4/14 16:25:52
                    is it b/c obama reversed bush's recession? - Gadfly MU - 4/14 16:27:47
                         Pelosi/Reid's recession was reversed by Bush/Paulsen's TARP. - Spanky KU - 4/14 16:43:42
                              TARP did not reverse anything other than... - ashtray USA - 4/14 18:20:19
                                   it prevented a second Great Depression - Gadfly MU - 4/14 18:31:02
                              you mean Gramm Leach and Blilely's recession - Gadfly MU - 4/14 17:35:40
                                   Clinton's Legislation? - Spanky KU - 4/14 18:25:08
                                        Gramm and Clinton were libertarian brothers - Gadfly MU - 4/14 18:29:47
                                             RE: Gramm and Clinton were libertarian brothers - sarasotatiger MU - 4/15 00:15:07
                                             So the Pelosi Recession was a Clinton Recession that took - Spanky KU - 4/14 19:37:43
                                                  the financial crisis was caused by deregulation - Gadfly MU - 4/14 19:47:27
                                                       All signed by Clinton.... Not Bush - Spanky KU - 4/14 21:03:36
                                                            all passed by a Republican congress - Gadfly MU - 4/14 21:04:41
     ^^His definition of activist judge -follows the Constitution - GA Tiger MU - 4/14 16:01:38
          except when the sct told florida - Gadfly MU - 4/14 16:02:42
     Your doomsday poverty scenario is more likely defaulting. - RHAYWORTH MU - 4/14 15:58:51
          RE: Your doomsday poverty scenario is more likely defaulting. - sarasotatiger MU - 4/15 16:42:18
          govts that issue debt in their own currency - Gadfly MU - 4/14 16:00:44
               You truly need to take an economics class. - RHAYWORTH MU - 4/14 16:06:35
                    greece's problems lie in its lack of a monetary policy - Gadfly MU - 4/14 17:56:59
                         RE: greece's problems lie in its lack of a monetary policy - sarasotatiger MU - 4/15 08:36:52
                              So with the right policy, it wouldn't matter how much - GA Tiger MU - 4/15 09:49:22
                         Greece's problems lie in the fact that - GA Tiger MU - 4/14 18:39:41
                              RE: Greece's problems lie in the fact that - sarasotatiger MU - 4/15 00:25:35
                                   Chances are it can't. I still contend that - GA Tiger MU - 4/15 08:28:15
                                        RE: Chances are it can't. I still contend that - sarasotatiger MU - 4/15 16:07:51
                              why are you such a simpleton? - Gadfly MU - 4/14 19:53:36
                    libertarian economics profs have no credibility - Gadfly MU - 4/14 16:08:40
                         24 nobel prizes since 1969 say otherwise. - RHAYWORTH MU - 4/14 16:18:49
                              how chicago school libertarian economic theory is so wrong - Gadfly MU - 4/14 16:23:11
                                   Hilarious! Paul Krugman's your reliable source? - RHAYWORTH MU - 4/15 10:37:57
               ^^^Has no concept of what inflation is.(nm) - GA Tiger MU - 4/14 16:02:52
                    ^^doesn't understand countercyclical monetary policy - Gadfly MU - 4/14 16:04:05
                         But I understand that what krugman wants to - GA Tiger MU - 4/14 16:30:26
                              Paradox of thrift. You can't cut your way to prosperity. nm - SparkyStalcup MU - 4/14 22:59:45
                              the failure of England's austerity proves you wrong - Gadfly MU - 4/14 17:34:33
     RCW RCW RCW RCW RCW RCW - JG MU - 4/14 15:32:16
          perhaps - Gadfly MU - 4/14 15:39:50




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