| ▲ | graemep an hour ago | |
They could neither fix the problem with the policy tools a country with its own currency would have, nor did they have the automatic support from a central budget a region or state of a country would have. | ||
| ▲ | nradov 21 minutes ago | parent [-] | |
Greece could have fixed their problems by cutting spending and collecting more taxes (not necessarily higher taxes, but actually collecting the taxes that were owed). Currency inflation was never necessary. | ||