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Entries Tagged as 'Target 2'

Meet The Perpetual Bailout Mechanism That Keeps The Euro Afloat

June 16th, 2018 · Comments Off on Meet The Perpetual Bailout Mechanism That Keeps The Euro Afloat

The creation of the euro has been flawed from the beginning; it’s most definitely not an optimum currency area. It has a tendency to expand differences, rather than diminish them through one-size-fits-nobody monetary policy and potential vicious cycles. However, there is one curious mechanism that sweeps much of these problems under the proverbial carpet and […]

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Tags: Eurocrisis · Target 2