Friday, December 30, 2011
Andreasen schools Draghi on the merits of having a national currency
Some recent video from Europe where a Representative from the UK Independence Party asks some pretty good questions of the ECBs Draghi, related to currency sovereignty.
Draghi responds while hopelessly caught up in Monetarism. He seems beyond reason in this regard. "There is no trade-off between austerity and growth".
So the right questions are being asked over there, at some level.