The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency.
1930s 1980s currency
Yanis Varoufakis
These are some quotes by Greek author Yanis Varoufakis Politician, who was born on March 24, 1961.
Quotes by Yanis Varoufakis
Every non-Marxist economic theory that treats human and non-human productive inputs as interchangeable assumes that the dehumanisation of human labour is complete. But if it could ever be completed, the result would be the end of capitalism as a system capable of creating and distributing value.
Yanis Varoufakis
For some reason, lots of terrible things start here and then spread. The Cold War was one. It didn't start in Berlin - it started in Athens in December 1944; the contagion in the eurozone started here in 2010. We are perfectly capable as Europeans of messing things up unnecessarily.
