It’s like CBDC. Better to experiment with stuff like that in small countries or regions. Caribbean Central Bank is a great trial run for sovereign digital currency. Supranational currency though... Maybe shoulda had that experiment with the former Soviet republics first (or something like Vanuata and Fiji and all those places). As it is, the PIGS are screwed for decades because some 70s Euro hippies thought it would be cool to have one European currency. It’s like “Haven’t you ever heard of the Fisher Effect?”
Great point, but I give the European Union credit for trying.
Great point, but I give
The European Union
Credit for trying.
- rollandthomas
I'm a bot. I detect haiku.
It’s like CBDC. Better to experiment with stuff like that in small countries or regions. Caribbean Central Bank is a great trial run for sovereign digital currency. Supranational currency though... Maybe shoulda had that experiment with the former Soviet republics first (or something like Vanuata and Fiji and all those places). As it is, the PIGS are screwed for decades because some 70s Euro hippies thought it would be cool to have one European currency. It’s like “Haven’t you ever heard of the Fisher Effect?”
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