Quote:
Originally Posted by Opin_Yunated
Oh Jeez.
Yet another person in the la la land that doesn't understand monetary sovereignty.
There is one difference between Greece and the United States, and it isn't "fiscal responsibility." The United States would be Greece too if it decided tomorrow to relinquish its right to issue the U.S. dollar. .... |
You clearly don't understand it either. The USA no longer issues $s. The USA Treasury/Government has not issued USD since 1971. US dollars are now created and issued by Federal Reserve. And the reasons behind this, are the very reasons behind why Greece is falling apart.
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