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Can Europe Print Money to Get Out of Its Fiscal Hole?

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Felix Salmon submits: Warren Mosler has an interesting and provocative remedy for Europe s current fiscal woes: the European Central Bank should simply print 1 trillion euros, and hand it out, on a pro-rated basis, to all the Eurozone states. This is a per-capita payment: it would be based on population, not on GDP, with the highest-population countries getting the most money. Mosler reckons that spending would be ...

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