Sorry, I made a mistake in my post -below-, the correct way to convert is:
10^09 = billion USA= thousand million Europe = milliard
Therefore the correct way to write the sentence is:
" The USA prints $64 milliard (this is 64 billion in North America or 64 thousand million in Europe ), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). "
The Keynesian have bankrupted Europe and the USA. It was the Keynesians who recommended to try to live on borrowed money for ever, this is of course impossible.
Unfortunately the uneducated media who calls the balancing of the budget "austerity program", and most people are gullible enough to believe.
If any nation doesn't like the EU, then leave. Nothing wrong with that. However leaving the EU will not solve any countries problem of being unable to balance the budget. Nobody can live by borrowing money for ever.
The only country that can get away with borrowing money (or rather stilling it) is the USA. The USA prints $64 trillion (this is 64 billion in North America), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). Their ponzi scheme will hit the brick wall one day too.
As for the Keynesians, they have caused so much suffering on Earth that they should be put for long time into prison, and even the International Court should prosecute them as criminals against humanity.
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Italy Coming Closer & Closer To Leaving EU
Sorry, I made a mistake in my post -below-, the correct way to convert is:
10^09 = billion USA= thousand million Europe = milliard
Therefore the correct way to write the sentence is:
" The USA prints $64 milliard (this is 64 billion in North America or 64 thousand million in Europe ), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). "
Italy Coming Closer & Closer To Leaving EU
The Keynesian have bankrupted Europe and the USA. It was the Keynesians who recommended to try to live on borrowed money for ever, this is of course impossible.
Unfortunately the uneducated media who calls the balancing of the budget "austerity program", and most people are gullible enough to believe.
If any nation doesn't like the EU, then leave. Nothing wrong with that. However leaving the EU will not solve any countries problem of being unable to balance the budget. Nobody can live by borrowing money for ever.
The only country that can get away with borrowing money (or rather stilling it) is the USA. The USA prints $64 trillion (this is 64 billion in North America), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). Their ponzi scheme will hit the brick wall one day too.
As for the Keynesians, they have caused so much suffering on Earth that they should be put for long time into prison, and even the International Court should prosecute them as criminals against humanity.