{"id":11882,"date":"2015-03-10T10:44:54","date_gmt":"2015-03-10T14:44:54","guid":{"rendered":"http:\/\/multiplier-effect.org\/?p=11882"},"modified":"2015-03-10T10:50:02","modified_gmt":"2015-03-10T14:50:02","slug":"wray-whats-wrong-with-the-euro-setup","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/wray-whats-wrong-with-the-euro-setup\/","title":{"rendered":"Wray: What&#8217;s Wrong with the Euro Setup?"},"content":{"rendered":"<div id=\"stcpDiv\">\n<div>In this March 7th presentation, L. Randall Wray argues that the central problem in the EMU is not profligate peripheral nations, trade imbalances, or insufficient &#8220;structural reform.&#8221; The fundamental issue, which can best be framed through an understanding of money, is a flawed setup &#8212; the EMU is designed to fail.<\/div>\n<div>\n<p>La Asociaci\u00f3n de Econom\u00eda Cr\u00edtica, ATTAC, Econonuestra y FUHEM Ecosocial le invitan a la sesi\u00f3n \u201cTeor\u00eda monetaria moderna: \u00bfAusteridad presupuestaria frente a d\u00e9ficits p\u00fablicos?\u201d:<\/p>\n\n<!-- iframe plugin v.6.0 wordpress.org\/plugins\/iframe\/ -->\n<iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"https:\/\/www.youtube.com\/embed\/YxGGR62fh3k?feature=player_detailpage&#038;start=600\" frameborder=\"0\" 0=\"allowfullscreen&gt;&lt;\/iframe\" scrolling=\"yes\" class=\"iframe-class\"><\/iframe>\n\n<p>See also &#8220;<a href=\"http:\/\/www.levyinstitute.org\/publications\/eurolands-original-sin\">Euroland&#8217;s Original Sin<\/a>&#8221;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this March 7th presentation, L. Randall Wray argues that the central problem in the EMU is not profligate peripheral nations, trade imbalances, or insufficient &#8220;structural reform.&#8221; The fundamental issue, which can best be framed through an understanding of money, is a flawed setup &#8212; the EMU is designed to fail. La Asociaci\u00f3n de Econom\u00eda [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[358,18,368,151,413,229,682],"class_list":["post-11882","post","type-post","status-publish","format-standard","hentry","category-eurozone-crisis","tag-emu","tag-euro","tag-l-randall-wray","tag-mmt","tag-money","tag-spain","tag-structural-reform"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=11882"}],"version-history":[{"count":9,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11882\/revisions"}],"predecessor-version":[{"id":11891,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11882\/revisions\/11891"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=11882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=11882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=11882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}