Quote Originally Posted by Mary View Post
1) Italy tried that back in the 1980's and ended up with 20% yearly inflation.

2) The problem isn't the currency, it's that the government hands out welfare that it can't afford. Or to put it differently: Italians are living above their means and are refusing to scale back.

Italy decided for fixed Exchange rates in 1979, so the problem was already done. in the 80's they made some muppet politician believe we could increase state spending when we could not also because that was at the sme time of this operation (not casual don't call me conspirationist but c'mon worst timing ever) , meanwhile the flexibility was reduced and reduced about italian interests. it all starts with the any step towards the EU.

right now to leave is very Dangerous because it's a well thought cage. but if we never joined we would be much much better.