Are the Swiss fleeing deposits and hoarding cash?
Have Swiss interest rates fallen so low that the public is finally bolting into cash? The Wall Street Journal and Zero Hedge think so. The...
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Tampilkan postingan dengan label Target2. Tampilkan semua postingan
Tampilkan postingan dengan label Target2. Tampilkan semua postingan
Euros without the Eurozone
Juni 29, 2015
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dollarization/euroization,
ECB,
lender of last resort,
Nick Rowe,
seigniorage,
Target2,
unit of account
Edit
This 2 euro coin is issued by Monaco, which is not a member of the Eurozone Grexit isn't what people take it to be. The standard narrati...
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