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Morganist Economics

Euro Crisis Aggregate Demand Control is European Single Currency Weakness

Euro Crisis Aggregate Demand Control is European Single Currency Weakness

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This booklet is a critique of the limitations of the current Eurozone economic system. The main objective is to investigate the inability of the Eurozone to control aggregate demand due to the constraints in both monetary and fiscal policy, which have been created by the widespread private and sovereign debt crises. Solutions to the problems addressed in the booklet are then put forward, suggesting that alternative methods of controlling aggregate demand may resolve the issues encountered.
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