European Union and Monetary Union in Permanent Crisis II: Scenarios for the Future of the Euro

ISBN-13: 9783658386450 / Angielski / Miękka / 2022

Dirk Meyer

Opis

The European Monetary Union based on the Maastricht Treaty doesn’t exist any longer. Permanent rescue parachutes, joint liability and legal presumptions by the EU Commission lead to a fiscal union with a redistributive character. Bond-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning common currency.

Spis treści

Where is a liability union already evident today?.- To what extent is the reconstruction fund the blueprint for a fiscal-centralist European Monetary Fund?.- Is debt relief coming?.- Are Greek "geuros" and Italian "minibots" as government money the solution?.- Why are national parallel currencies and a value-secured euro with purchasing power guarantee a constructive alternative?

O autorze

Prof. Dr. Dirk Meyer has taught regulatory economics at Helmut Schmidt University in Hamburg since 1994. He was involved in two constitutional challenges against Greek bailout I and the European Financial Stabilisation Mechanism EFSF in 2010. Together with colleagues, he wrote the appeal "The euro must not lead to a liability union" in 2018. As one of the main complainants against the EU loan financing of the Covid-19 reconstruction package NextGenerationEU , he joined the lawsuit of the "Bündnis Bürgerwille" in 2021.

Blurb

The European Monetary Union based on the Maastricht Treaty doesn’t exist any longer. Permanent rescue parachutes, joint liability and legal presumptions by the EU Commission lead to a fiscal union with a redistributive character. Bond-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning common currency.

The Content

• Vol. I: An Inventory
• Where is a liability union already evident today?
• To what extent is the reconstruction fund NextGenerationEU the blueprint for a fiscal-centralist European Monetary Fund?
• Is a debt relief on the way?
• Are Greek "geuros" and Italian "minibots" as government money the solution?
• Why do national parallel currencies and a value-secured euro with purchasing power guarantee a constructive alternative?