>Pan-European non-inflationary currency that all of Europe can use>Shared currency reduces exchange fees and complications regarding international trade>Free market of goods in the European Common market to boost efficiency and freeflow of capital and labor>Mandate countries keep their deficits to 3% of GDP for fiscal stability and responsibility
>>540201928>Free market of goods in the European Common market to boost efficiency and freeflow of capital and labor The free flow of capital and labour:
>>540202093Is having toilet cleaners a bad thing?
>>540201928>>Pan-European non-inflationary currency 10% inflation in 2022>>that all of Europe can useall can use, but who issues it? Who decided how much is printed?
>>540201928Franco-German protectionist socialist project kalergi plan dystopia that erodes the sovereignty of its member states in an attempt to reduce them to federal states. nuts to the EU
>>540202238Yes we can do it ourselves.
>>540201928If it includes Poland, Turkey, Albania or Serbia, just leave me out of it, ok?
>>540202242>10% inflation in 2022Cool, it's not 2022>all can use, but who issues it? Who decided how much is printed?The ECB decides and they estimate the monetary increase and interest rate policy that will yield a 2% inflation rate, except for in emergency situations like Covid-19.>>540202268Not as efficiently obviously otherwise your people wouldn't be hiring Slavs.>>540202354Why?
>>540202450>Not as efficiently obviously otherwise your people wouldn't be hiring Slavs. The slavs were willing to do the wages that the natives wouldn't do. How did we survive before cheap manual labor came to save us all?
>>540202450>The ECB decideslooks like they are not poping
>>540202586>The slavs were willing to do the wages that the natives wouldn't doThat's called being more efficiency >How did we survive before cheap manual labor came to save us all?You were the cheap labor before immigration. Irish used to work for starvation level wages under British occupation and even moreso in pre-industrial eraBe glad you have foreigners to do it now.
>>540201928>Pan-European non-inflationary currency that all of Europe can useconcentrated risk>reduces exchange fees and complications regarding international tradedecentralized blockchains and smart contracts already can fix this>Free marketit leads economic warfare against other countries like russia, china and usa putting the whole union at a disadvantage>fiscal stability and responsibilitythey are super irresponsible with the money throwing it at dumb shit in worrying numbers
>>540202630They're doing an incredible job. Euro is expected to appreciate against all major currencies.
>>540201928Americans are scared of unified Europe. That's it.That said politicians in both USA and Europe are completely retarded for at least 20 years so we will all get fucked by China.
>>540202586>How did we survive before cheap manual labor came to save us all?We didn't!. Time began after Eastern Europeans flooded our isles.
>>540202718>They're doing an incredible jobcall me when you can afford an AC
>>540201928>Pan-EuropeanLMAOIts a zogged Kalergi opperation.
>>540202704>concentrated riskThe more countries that use the currency and the bigger their economy, the more stable the currency and the lower the risk.>decentralized blockchains and smart contracts already can fix thisIf ECB uses this tech, that's sick. they should integrate it.>it leads economic warfare against other countries like russia, china and usa putting the whole union at a disadvantageFree market within E.U, it's a common market, not to foreigners>they are super irresponsible with the money throwing it at dumb shit in worrying numbersThey are most responsible government on earth
>>540202827>That said politicians in both USA and Europe are completely retarded for at least 20 years so we will all get fucked by China.In the last 10 years Europe and America actually had perfect leaders. Be glad you didnt live pre-2015 or pay attention to this stuff.>>540202860Yes im sure living in slop and shit 24/7 was real high life.>>540202879Call me when half our population starves to death.
It was a good idea but became super corrupted>>540202354just keep the roaches out, they are not european at all.
>>540202666No the cheap labour lowered wages and occupied jobs when the economy crashed. So because you think the Irish done cheap labour in the past, the Irish at present must lowering their wages to slavs? It's a pyramid scheme. The slavs are now the ones complaining about Asians and South Americans undercutting their wages.
>>540202987>Call me when half our population starves to death.o-ok
>>540202827>Americans are scared of unified EuropeThe opposite is true. America wants Europe unified so it's easier to control.
>>540203000>No the cheap labour lowered wages and occupied jobs when the economy crashed.The cheap labor skyrocketed your wage, if you didn't have the cheap labor, you'd be the cheap labor.>So because you think the Irish done cheap labour in the past, the Irish at present must lowering their wages to slavs?I'm saying bring in Slavs to do the shit Slavs do so you can skyrocket your wage and GDP>t's a pyramid scheme. The slavs are now the ones complaining about Asians and South Americans undercutting their wages.So the Asians and South Americans will skyrocket Polish wages up to Irish levels and Irish wages up to even higher hights.Be glad you're on the top of the pyramid.
>>540203095>The cheap labor skyrocketed your wage, if you didn't have the cheap labor, you'd be the cheap labor. No it didn't. It only benefited a tiny minority. >I'm saying bring in Slavs to do the shit Slavs do so you can skyrocket your wage and GDP Explain to me how a blue collar slav offering cheaper services is increasing a blue collar Irish person wages again?>So the Asians and South Americans will skyrocket Polish wagesYou're economically illiterate. Either that or you're just trolling
>>540203261>No it didn't. It only benefited a tiny minority.It benefitted literally everybody except the Posh snobs who don't like seeing a foreigner on their streets. The Aristocrats who don't care about the economy because they have more money than they know what to do with.>Explain to me how a blue collar slav offering cheaper services is increasing a blue collar Irish person wages again?They will work for his business for a cheaper price, lowering the cost of production for the blue collar Irishmen's business, allowing him to sell more products to more people.I refuse to believe you aren't ragebaiting.If you aren't, just know the reason your wage is low is because you have no education and no skills.Irishmen who have skills and education are doing fine, you have neither.
>>540202925>the more stable the currencyit also means you cant repay debt with inflation and will be forced to take more debt from the IMF.>If ECB uses this tech, that's sick. they should integrate it.every country can have its own currency and blockchain, there is no need for everyone to use the euro.since blockchains are also programmable, immutable and completely transparent countrys cant cheat each other and the union can still work just fine but without the concentrated risk. markets would be more resilient. and this would be much better than the current state:we are one von der leyen bad day away from ww3.>They are most responsible government on earthstop trolling
>>540202827The eurofighter can't even beat the French Rafale lol
>>540203509>it also means you cant repay debt with inflation and will be forced to take more debt from the IMF.That's the best part. Governments monetizing their debts using inflation just means they're devaluing the currency to subsidize their unsustainable deficits. Forcing countries to use non-inflationary currencies makes it so they have to be more responsible with spending, and removes their ability to stealth-tax ppl with inflation>every country can have its own currency and blockchain, there is no need for everyone to use the euro.Oh this is ragebait. Got it.
>>540201928I do not have Talmudic values for starters
>>540202238see how in UK they had to downgrade toilets to holes for jeet workers they imported
>>540203371>It benefitted literally everybody except the Posh snobs The complete opposite is true. It was the wealthy who benefited not the working man.>They will work for his business for a cheaper priceExactly. So who's the Irish businessman going to hire first? The cheap slav or the Irishman looking for a fair wage? >just know the reason your wage is low is because you have no education and no skills. So you need an education and skills to employ cheap labour to increase my wages? >Irishmen who have skills and education are doing fineIs that why a few months ago all the working class people brought the country to a stand still because "they were doing just fine"?
>>540203711Ok but as long as the JEETs are keeping my toilet clean for cheap or helping my business lower the cost of cleaning its toilets, I'm all for it. They can shit in their own hole for all I care.
>>540201928>non-inflationary currencystopped reading right there
>>540201928You forgot to mention where a bunch of faceless, unelected bureaucrats can dictate national policies on people without their consent.
>>540203753>The complete opposite is true. It was the wealthy who benefited not the working man.This has to be bait.>Exactly. So who's the Irish businessman going to hire first? The cheap slav or the Irishman looking for a fair wage?The business will be able to hire the Irishmen because it's not bankrupting itself trying to find a toilet cleaner.>So you need an education and skills to employ cheap labour to increase my wages?You need skills and education or some combination of the two to be productive. Your wage gravitates towards your marginal productivity. If you are non-productive because you know nothing and have no abilities, you won't be paid very much. If you have skills and add value, you will be paid accordingly.>Is that why a few months ago all the working class people brought the country to a stand still because "they were doing just fine"?No it's because people who support horrible policy, like yourself, fucked the country to the point where buinsesses can't employ anymore.
>>540203778I thought Germans were supposed to be educated.>>540203806Every system has some flaws.
>>540203095>if you didn't have the cheap labor, you'd be the cheap laborGod wouldn’t it be terrible if housing and consumer goods didn’t have their price inflated by a glut of “high earners” (parasites that consolidate wages from lower tiers of the economy into their own wealth)
>>540203639>That's the best part.no because if you cant pay back the IMF debt then they control the EU policy.>Oh this is ragebait.no its called decentralization.
>>540203894Ah yes im sure third world countries are amazing, no high wages to bid up the prices. I love affording nothing and being happy.>>540203901>no because if you cant pay back the IMF debt then they control the EU policy.Whenever a government prints money and inflates a currency to monetize a debt, it's just stealth-taxxing the savings of its citizens and eroding trust in the currency of its people. Forcing a country to use a hard-money adds an extra layer of accountability to politicians, it removes their ability to print away their irresponsible spending at your expense.This is why the gold standard was so good while it lasted. Governments couldn't just issue IOUs infinitely and then monetize it away.
>>540203859>flawsThat's not just a flaw, that's undermining the very sovereignty of your country.
>>540204051>Whenever a government prints moneyyes the centralized euro bank can print as much euros as they want.even if some member state is against it. now everyone pays the EU inflation tax.
>>540203835>The business will be able to hire the Irishmen because it's not bankrupting itself trying to find a toilet cleaner. What are you even talking about? Why are you just making stupid shit up. You know too fucking well that the Irish businessman will hire the cheap slav over an Irishman. Why are you play stupid? >If you have skills and add value, you will be paid accordingly. So basically you have to spend more time studying to get a basic job because that's the only way you can compete with foreigners? You're basically proving my point that foreigners are lowering wages. If foreigners weren't lowering wages then people wouldn't need as much education just to get a basic job>No it's because people who support horrible policy, like yourself, fucked the country to the point where buinsesses can't employ anymoreCan't tell if you're a troll or an actual genuine retard?
>>540204096I've written an article about how the E.U is actually driving away countries by being way to micro-managey with domestic issues such as seatbelt laws, helmet laws, labour laws, hate speech laws, and a few other things which regardless of your opinion, should not be done on a supranational level.
>>540204136>yes the centralized euro bank can print as much euros as they want.Except they actually adhere to their mandate to print just enough to maintain very low stable 2% inflation. >even if some member state is against it. now everyone pays the EU inflation tax.They also get the proceeds of it. When the EU prints money, they buy Eurobonds with the money, this directly subsidizes their borrowing costs. When the ECB collects interest, the net profit (interest revenue - ECB expenses) is distributed directly into the treasuries of the member states in proportion to their GDP contribution to the Eurozone.You pay more interest to the ECB the more you borrow, and you collect dividends from the ECB the more productive you are. It's a perfect system.
>>540204162>What are you even talking about? Why are you just making stupid shit up. Making shit up? It's basic economics. I refuse to believe the Irish are this uneducated. >So basically you have to spend more time studying to get a basic job because that's the only way you can compete with foreigners?Yeah you're baiting. I don't believe Europeans in a country with free education are this stupid.
>>540204196>I've written an articleAnd who the fuck are you? You're a memeflaggot on /pol/.
>>540201928The EU's biggest issue is that it has no large tech firms. America and Asia dominate the technology industry. The future of the world will be created outside of the EU, economic growth will be lower because of this. The EU overregulates industry and attempts to grow only by market expansion. German industry had been allowed to dominate the bloc because they're most efficient and they have the biggest banks behind them. All growth has come from lowering barriers to trade, not innovation. Germany's car companies are now in serious trouble from Chinese electric cars. Germany wants to sell cars in China, in turn they have to allow China to sell cars in the EU. Chinese car companies innovated, have government support and lower costs. German industry will be destroyed further, technology will be transferred to China . Neo-liberal economics combined with overregulation of tech and expansive welfare bills are a losing combination. Much like their immigration and social policies, the economic policies of the EU are suicidal.
>>540204517If a nation, when given unfettered access to trade and free markets, doesn't develop a tech industry, that means tech is not its comparative advantage. We should allow people and companies to specialize in what they're good at relative to their next best alternative, not on what central planners think they ought to do.They do need to deregulate, but that's more of a National issue, nations should be deregulating their economies as much as much as possible and getting rid of these stingent labor laws. Alan Greenspan wrote in his book about how destructive labor laws are for innovation. The more risky it is for a company to fire, the more risky it is for them to hire.
>>540204325>It's basic economicsYou're basically arguing the increased supply of foreign workers increase wages. You can't even answer the most simplest of questions. So if an Irish businessman has a company you think that him firing Irish people for cheap slav labour is increasing the wages of the Irishmen? Like what the actual fuck are you even talking about? This isn't even opinion. It's basic economic facts and it's exactly what happened in Ireland. You're literally arguing against the most basic economic facts of supply and demand. Then accuse people of rage baiting then because you don't have a valid argument.
>>540204276>to maintain very lowso more IMF debt for each member state.>They also get the proceeds of it.the proceeds should go to the country not to unelected talmud loving faggots
>>540204697Not a single economist on earth is against immigration. This goes from leftists like Krugman to right-wingers like Mises. Opposite spectrums, they agree on economics, just like how they agree tariffs are stupidThere's no point to make or anything to debate. Denying this is denying gravity or evolution, I don't debate with stupid.
>>540204703>the proceeds should go to the country not to unelected talmud loving faggotsThat's exactly what happens, it gets deposited into the treasury of E.U nation states.
>>540201928
>>540205027D E S O L A T I O N
>>540204954>Not a single economist on earth is against immigrationWhat about George Borjas, Raquel Fernández, and Jeffrey Grogger? You're also leaving out very important details when it comes to immigration. There's a big difference from an immigrant who is skilled and has capital to an immigrant with no skills and only cheap labour to offer. The fact still remains that if you increase the supply of workers then that lowers wages. You're talking about denying yet when asked a simple question you replied with waffle that made zero sense.
>>540204615The problem is that technological innovation is the entire reason for modern prosperity. That's what lowers living costs and improves quality of life, in other words that's where the majority of value is. Not leading tech means you're not creating the most value and your economy will trail. Europe dominated technology for millennia, it only started lagging during the era of the EUYou're right about labour laws.
>>540204954Like out of curiosity what economists are arguing that an increased supply of workers increases wages??
Oh, if it only was an economic union... we'd all be happy>inb4 the economy IS the statefuck you, buddy.
>>540205463the blood kikes wanted more so they made treaties that all got voted down and then they decided to go ahead and become a cancer that nobody voted for and now instead of a free market it's a medusa's head with snakes in every facet of life in every country within its web
>>540205027
>>540203076>The opposite is true. America wants Europe unified so it's easier to control.If that was true they wouldn't be shilling for all the anti-EU parties.
>>540205884That's leftists lies that they make up. America isn't supporting anti eu politics. Aside from the occasional tweet from trump but he would say anything.
>>540201928So how about the flood of immigrants and mass of socialist entitlement programs that are bankrupting your nations?Well, you used to have nations but you don't anymore, you're "the EU" now. It's like the US but with less sovereignty than stats.
>>540203835You think these jeets are human beings.
>>540209130Yes I do.
