Don't Forget George H. W. Bush's War Crimes, from Iraq's 'Highway of Death' to Panama
How Italy can set its own monetary policies and keep the Euro
This article reviews an alternative option for Italy to devalue in order to deal with its economic problems, while keeping its EMU membership and the euro as its currency. Referring to the Keynes’ views, the crucial role of the rigid one-size-fits-none euro in the Italian economic malaise is analyzed. And the reason is explained why Italy needs a devaluation, in particular versus Germany. Because a euro-exit with re-introduction of the lira currency by Italy will be accompanied by several complications, disadvantages and risks, The Matheo Solution (TMS) is presented as a more suitable, simple, smart and elegant alternative. Via implementing a national unit of account for every individual euro country, the ‘lean & mean’ TMS model introduces monetary flexibility regarding exchange(value)-rate adjustment and interest rate differentiation on a national level within the Euro Pact. Keynes probably would have considered the TMS model himself, if he had the time to live. Although in 2010 intended for a Eurozone-wide implementation, Italy, then regaining the crucial parts of its monetary sovereignty, can implement the TMS model unilaterally as well. After devaluing the newly introduced Italian unit-of-account the Italian economy, employment and state finances will instantly improve. ...
source: gefira
Der Spiegel journalist messed with the wrong small town
In February 2017, my husband and I attended a concert at our local theater, and were sipping some wine in the lobby before the show started. Several people came up to us at separate times excitedly, and asked, “did you meet the German guy yet?!” I hadn’t, but my spider senses perked up when I heard that he worked for Der Spiegel, a magazine based in Hamburg, and that he was writing about the state of rural America in the wake of Trump’s presidency. I know I’m not the only rural advocate and citizen that is wary about the anthropological gaze on rural America in the wake of the 2016 elections, and has struggled with how or whether to respond to the sudden attention and questions, when before we really didn’t matter to mass media at all. Suddenly we do matter, but only because everyone wants to be the hero pundit that cracks the code of the current rural psyche. There are only two things those writers seem to have concluded or are able to pitch to their editors?—?we are either backwards, living in the past and have our heads up our asses, or we’re like dumb, endearing animals that just need a little attention in order to keep us from eating the rest of the world alive. ...
source: medium
How Italy can set its own monetary policies and keep the Euro
This article reviews an alternative option for Italy to devalue in order to deal with its economic problems, while keeping its EMU membership and the euro as its currency. Referring to the Keynes’ views, the crucial role of the rigid one-size-fits-none euro in the Italian economic malaise is analyzed. And the reason is explained why Italy needs a devaluation, in particular versus Germany. Because a euro-exit with re-introduction of the lira currency by Italy will be accompanied by several complications, disadvantages and risks, The Matheo Solution (TMS) is presented as a more suitable, simple, smart and elegant alternative. Via implementing a national unit of account for every individual euro country, the ‘lean & mean’ TMS model introduces monetary flexibility regarding exchange(value)-rate adjustment and interest rate differentiation on a national level within the Euro Pact. Keynes probably would have considered the TMS model himself, if he had the time to live. Although in 2010 intended for a Eurozone-wide implementation, Italy, then regaining the crucial parts of its monetary sovereignty, can implement the TMS model unilaterally as well. After devaluing the newly introduced Italian unit-of-account the Italian economy, employment and state finances will instantly improve. ...
source: gefira
Der Spiegel journalist messed with the wrong small town
In February 2017, my husband and I attended a concert at our local theater, and were sipping some wine in the lobby before the show started. Several people came up to us at separate times excitedly, and asked, “did you meet the German guy yet?!” I hadn’t, but my spider senses perked up when I heard that he worked for Der Spiegel, a magazine based in Hamburg, and that he was writing about the state of rural America in the wake of Trump’s presidency. I know I’m not the only rural advocate and citizen that is wary about the anthropological gaze on rural America in the wake of the 2016 elections, and has struggled with how or whether to respond to the sudden attention and questions, when before we really didn’t matter to mass media at all. Suddenly we do matter, but only because everyone wants to be the hero pundit that cracks the code of the current rural psyche. There are only two things those writers seem to have concluded or are able to pitch to their editors?—?we are either backwards, living in the past and have our heads up our asses, or we’re like dumb, endearing animals that just need a little attention in order to keep us from eating the rest of the world alive. ...
source: medium
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