"Will a Grexit be good for Greece? In the medium-run, I do think so... In the short run though, pain is coming" http://economics.com.au/?p=10116
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Replying to @paulbaumgart
@paulbaumgart they'd just destroy a new drachma with hyperinflation, as they did twice before1 reply 0 retweets 1 like -
Replying to @stevedekorte
@stevedekorte:@paulbaumgart ...if they can't rein in borrowing, how could they possibly rein in (the much easier) money printing?1 reply 0 retweets 1 like
Replying to @stevedekorte
@stevedekorte I guess there's hope that the more mature currency markets of today will offer better negative feedback this time around.
11:16 PM - 28 Jun 2015
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