Dragons: a stateless currency cannot exist, but the state of the Euro will never exist

Here is an interesting video by Fabio Dragoni, who speaks after the first minute, and comments on the words of the Governor of the Bank of Italy who affirmed, without any problem, that a currency without a state, like the Euro, cannot exist. For Visco the conclusion is obvious: the European state must be established. Too bad that, as Dragoni rightly says, nobody really wants this state, first of all Merkel.

In the meantime, however, I want to present the result of that 2018 research that calculated who had gained and lost since the introduction of the euro. All thinking that this calculation had been made well before the Covid-19 crisis, which only made the situation worse. By state you see the losses, or gains, per inhabitant, and therefore the total. Just to remember ..

Have a good listening.

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The article Dragoni: a currency without a state cannot exist, but the state of the Euro will never exist comes from ScenariEconomici.it .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/dragoni-una-moneta-senza-stato-non-puo-esistere-ma-lo-stato-delleuro-non-ci-sara-mai/ on Fri, 05 Mar 2021 18:47:38 +0000.