Forum Post: Can Greece print its own money?
Posted 12 years ago on Oct. 23, 2011, 4:21 p.m. EST by henoktg
(66)
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Can Greece print its own money? doubt free?
Greece can print its own money (and they may have to in the very near future); but of course in order to do so, they have to abandon the Euro (and ultimately, they may not have a choice in the matter).
Now that they can't borrow money, Greece needs the European Union to bail them out. Greece is part of the European Union.
i'm asking debt free money??
Any country operating on a fiat currency doesn't print it's own money. The money is created by the central bank, then LOANED to the government at INTEREST. It causes automatic public debt, and inflation. This is the means by which the super rich elite enslave whole nations. This is the reason the worlds economy is starting to collapse. The banksters have sucked the well almost dry. The last president to try printing silver backed money without interest debt was JFK. The one before that was Lincoln. not a coincidence.
As long as it’s fake! If the United States is allowed do it why not the rest of the world.
It could if it was a "democracy"
So far their government has shown that, that isn't the case
They need to jail the bankers there and ignore austerity.
And who’ banks do you think are responsible for the chaos in Europe?
For Greece, Goldman Sachs.
Ha ha ha
Read Matt Taibbi.
yes, true that.
No. Them joining the Euro was the worst thing they ever did.
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