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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 05/03/2010 : 13:26:25
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Did you guys read this article on coinflation?
You must be logged in to see this link.
It was talking about how divided Germany is over what to do about the situation. Maybe Germany leave the EU? or force Greece out of the EU?
How do you think it will play out? Interesting to read that some think Greece is covertly printing Dracma.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/03/2010 : 16:05:30
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quote: Originally posted by PennySaved
Did you guys read this article on coinflation?
You must be logged in to see this link.
It was talking about how divided Germany is over what to do about the situation. Maybe Germany leave the EU? or force Greece out of the EU?
How do you think it will play out? Interesting to read that some think Greece is covertly printing Dracma.
from what i have read, its sort of the other way around. they can't force Greece out. on the other hand, Greece might do better by leaving since it could then manage its own currency. If they were not in the EU right now, this probably would not be news. Similarly, because they can't kick out the weak countries, the strong countries like Germany and Netherlands might do better to leave and form their own currency. Germany could do this by itself very easily, or it might join join with the smaller countries like netherlands, denmark, norway, and sweden. |
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X
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mascallw119
New Member
USA
18 Posts |
Posted - 05/03/2010 : 20:09:26
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What a very interesting article. This will be very, very, fascinating to watch as all of this continues to unfold. I am curious to see what further steps Greece will take. |
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