Pages

▼

Pages

▼

Friday, May 1, 2015

Warren Mosler on Grexit


Warren comments at billy blog.
Warren Mosler says: 
Friday, May 1, 2015 at 16:52 
Seems to me history tells the populations of the EU loud and clear to leave things as they are rather than risk going back to local control of monetary and fiscal policy.
It's not clear whether Warren is expressing his view that Greece should remain in the EZ or explaining why the Greeks are reluctant to leave the EZ as a solution to the crisis they face.
at

5 comments:

  1. AnonymousMay 1, 2015 at 12:31 PM

    Whoa. Is that the real Mosler?

    ReplyDelete
  2. Tom HickeyMay 1, 2015 at 1:12 PM

    I added this to the post.

    It's not clear whether Warren is expressing his view that Greece should remain in the EZ or explaining why the Greeks are reluctant to leave the EZ as a solution to the crisis they face.

    ReplyDelete
  3. Matt FrankoMay 1, 2015 at 1:23 PM

    I'd assume the latter Tom....

    ReplyDelete
  4. Tom HickeyMay 1, 2015 at 1:29 PM

    I think so too, but Warren needs to clarify that. It's confusing.

    ReplyDelete
  5. mike normanMay 1, 2015 at 1:47 PM

    Another classic, cryptic response by Mosler. He never feels the need to clarify: he can't be bothered. It's also to ensure that he was "right" when things go in a certain direction. He can claim to be right because no one really understood the meaning of his statement. Like Greenspan. Maybe he should be Fed Chairman.

    ReplyDelete