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[–] 3 points 4 months ago

The first argument had been even voiced by German Fiscal chauvinists opposed to the Euro. It really is just the analogy to loose the access to pain killers. Yes that can be a downside but even greater is the downside of muting the pain indteax of treating the issue causing the pain. Devaluation is commonly leading to a lack of structural refogms, because it makes the symptoms go away, fora while.

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