Quote Originally Posted by Louis VI the Fat View Post
I have noticed that as my Euro is aging, it seems to decrease in value.


As little as a few years ago, my currency was considered the hardest in the world. The envy of all. But ever since those Greeks been playing with it while the Irish held me by the balls, my euro has just been sort of curving downwards.
Thats because the Germans require a weak currency to achieve massive export potential Louis, of course a weak currency means the Germans must ensure inflation is low in order to maintain value of "there" currency.

Low inflation is now actually a bad thing as we need to get rid of debt all over the place and not just in Ireland, if we refuse to restructure debt we weaken our currency if we keep inflation low we will also weken our currency in fact every policy were following will weaken our currency.

At a measly couple of percent of EU GDP even in the good times you gotta ask yourself if your being sold a pup.