Austerity Declare Independence

Discussion in 'Economics' started by morganist, Sep 3, 2011.

  1. A town of 550 printing its own currency? Something tells me this will end up badly. :D
  2. Its just a matter of time before the italian govt sends in the carabinieri to remove him and their "town money".

    Letting towns setup their own currency sets a dangerous precedent and could start a domino effect of town rebellions across the country that could cause serious destabilization on a national level. I understand they're pissed off at the austerity measures but creating your own currency and trying to separate from the rest of the country only worsens that situation at the end of the day.