alternatehistory.com

Is there any way this obsession with balancing budgets might not have been put into the Euro project.

My reading of the problem is a German obession with a fear of hyper inflation.
(This in turn is linked to bad history, the idea that the inflation caused the Nazi triumph)

Could it have happened?

Could the ECB be printign and lending money at sensible rates to Greece whilst that country started getting all the back taxes owed
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