Greece and the Ongoing Sirens’ Song of the Euro

Abstract

How Greece can free itself from the Euro’s stranglehold by introducing a new government managed payment system based on the Stater – an electronic, asset-backed, dividend-bearing currency.

Keywords: Greece, Euro, Eurozone, currency, asset-backed, electronic currency, Soros, fiscal policy, monetary policy, transactional costs, social costs, Dutch disease, government transparency

JEL Classification: F3, E5, E6, F02, F1, F3, F4, G2, G3, H2, H5, H6, H8