Post
Topic
Board Economics
Re: Portugal on the Brink
by
johnyj
on 04/07/2013, 13:42:30 UTC
To be honest, I don't really understand the whole EURO thing

Because money is printed out of nothing, how could Portugal give up this right to ECB?

For a normal citizen, he might not have any choice but obey the government rules, but for a government of the country, how could they give up this biggest right of the country to someone else?

I think none of the government officials understand how money creation works