The Greeks need to choose between the euro and the drachma. Both are fiat monies designed to help inflate away debt and grow government power. At Mises Daily, Frank Hollenbeck discusses how common currencies have advantages, but of course, the best common currency is gold.
10:43 am on July 1, 2015
Big Fiat Money vs. Little Fiat Money
https://www.lewrockwell.com/lrc-blog/big-fiat-money-vs-little-fiat-money/
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