A Debate On How To Get Out of the Euro - Auerback, Hudson, Black, Kelton, #255

What withdrawal from the Euro system would mean for households and businesses in Italy; how to manage savings; what would likely happen in a return to sovereign currency; how the government and National Bank of Italy could manage the change; monetary and fiscal policy; interest rates; bond markets; loss of national power due to the rules of the Stability and Growth Pact and the inability to set employment policy. Marshall Auerback, Michael Hudson, William K. Black, and Stephanie Kelton Aired: April 25, 2012 Visit Guns and Butter at: http://www.gunsandbutter.org