Debate On How to Get Out of the Euro, #255 with Marshall Auerback, Michael Hudson, William K. Black, and Stephanie Kelton
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What withdrawal from the Euro system would mean for households and businesses in Italy; how to manage savings; what would likely happen in a return to sovereign currency; how the government and National Bank of Italy could manage the change; monetary and fiscal policy; interest rates; bond markets; loss of national power due to the rules of the Stability and Growth Pact and the inability to set employment policy.
(Republished from Guns & Butter by permission of author or representative)