I wonder if Greece could use an alternative currency internally to boost the economy.
1930’s Germany was an economic basket case but printing money and using it for employment worked very well. Difference of Germany economically from 1933 – 1938 was profound. The policies of Hjalmar Schacht are well worth looking at.
Mefobills were a very innovative way of getting around treaties, when the bills from a shell, government-owned company were used as money
I wish economists would study economic history but they are not interested in learning how their policies don’t work. Unfortunately,they are also not interested in policies that might have some interesting lessons..
I know Ritchie hangs out with Colin Hines and his economics is quite a bit fascist. But I’ll admit that’s the first time I’ve seen Ritchie happy with overtly Nazi policies.