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European Union and Monetary Union in Permanent Crisis II
Beschreibung:
The European Monetary Union based on the Maastricht Treaty doesn’t exist any longer. Permanent rescue parachutes, joint liability and legal presumptions by the EU Commission lead to a fiscal union with a redistributive character. Bond-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning common currency.
Where is a liability union already evident today?.- To what extent is the reconstruction fund the blueprint for a fiscal-centralist European Monetary Fund?.- Is debt relief coming?.- Are Greek "geuros" and Italian "minibots" as government money the solution?.- Why are national parallel currencies and a value-secured euro with purchasing power guarantee a constructive alternative?