Charles: How is $ better than #Euro for #Greece? Both give them too strong a currency for them to buy goods with. And using either currency, their exports are not competitive. The consequence will be what has happened with Euros, Greece runs out of dollars. Unless I am missing something, only solution: a weaker currency, like bringing back drachma..
Greece Is Not The Only Country Facing Severe Economic Challenges…
So how is #Greece fairing since?
What Looks Crazy At First Might Be The Ideal Solution: Meet Greece's New Currency, The U.S. Dollar
Charles: How is $ better than #Euro for #Greece? Both give them too strong a currency for them to buy goods with. And using either currency, their exports are not competitive. The consequence will be what has happened with Euros, Greece runs out of dollars. Unless I am missing something, only solution: a weaker currency, like bringing back drachma..