Four Economic Myths that Perpetuate the Euro Crisis

Patrick Barron
Mises Institute
Aug. 10, 2015

Too much of the commentary about the Greek crisis has focused on whether or not Greece should drop the euro and not enough on the structural problems arising out of decades of socialism. Meanwhile, the Greek government has borrowed more money than the Greek people can possibly repay, and debased money will not make this fact disappear. On the contrary, more easy money will cause even more harm.

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