EURDEMOCRACY

Archives for inflation

The European leaders are learning the lesson known to all monetary authorities throughout the ages. The main foundation of all money is trust. Once trust evaporates the currency collapses. It is like chasing after a wild animal let loose out of a field. Is the European currency doomed to failure? No. The supranational European Community… » read more

Posted by David Heilbron Price

What makes a democracy more efficient than a dictatorship? Why did Franco’s Spain and Salazar’s Portugal lapse into the economic doldrums? Why were Latin American dictatorships corrupt and lacking in vigour and growth? Why were Latin American currencies being constantly devalued? Why did Zimbabwe printers finally run out of noughts to add to the trillions… » read more

Posted by David Heilbron Price