“If some believe that the alternative left plan is the Schaeuble Plan, to take over the ECB bank notes stock, or to pay pensioners with IOUs instead of pensions, they should explain that to the Greek people. And should not hide behind my signature,” he allegedly added.
Greek Reporter
Tsipras to SYRIZA Dissidents: Propose Alternatives and Don’t Hide Behind My Signature
Anastassios Adamopoulos
ht Clonal
Tsipras to SYRIZA Dissidents: Propose Alternatives and Don’t Hide Behind My Signature
Anastassios Adamopoulos
ht Clonal
6 comments:
Zerohedge posted this headline from the website Greek Reporter:
Greek PM Tsipras Allegedly Asked Russia for $10 Bln to Print Drachmas
Greek Prime Minister Alexis Tsipras has asked Russian President Vladimir Putin for 10 billion dollars in order to print drachmas, according to newspaper “To Vima.”
The newspaper report cited Tsipras saying in his last major interview to Greek national broadcaster ERT that “in order for a country to print its own national currency, it needs reserves in a strong currency.”
I haven't had a chance to watch the Greek news, so I don't know the veracity of it. Certainly no mention on YV's site.
- See more at: http://greece.greekreporter.com/2015/07/21/tsipras-allegedly-asked-russia-for-10-bln-to-print-drachmas/#sthash.S2iZhAlk.dpuf
In typical politician fashion he refuses to take any hard choices or even inform their electorate about their options in an objective way, not with some inconsequential referendumb (which he ignores completley anyway).
Tsipras represents all what is wrong with western democracies nowadays (or always?) and particularly the left.
I think the right is the same way Ignacio. I watched Tsipras's videos probably about 2 years before he became a PM. He seemed like a reasonable man. I wonder if we are all like that once in plower. I've never been in politics but I start to think we are all like this. This politician I know, he told me, you are not going to last in politics if you are doing the things you think are right, your own party (or the political cloud) will push you aside. He is probably right, we are MMT idealists here :)
anyone else think you need reserves in a strong fiat currency, in order to denominate IOUs backed by tax obligations?
What, exactly, does a reserve of fiat mean?
Or we are MMT realists, because is inflexible fanaticism what is driving us all to a race to the bottom.
Sounds like trouble in left wing paradise....
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