Tragedy of the Euro available in Europe.
Finally The Tragedy of the Euro is available in Europe. The updated and improved edition is published by Terra Libertas (shipping free) and available from Amazon.uk.
The Tragedy of the Euro
Watch the presentation of the book at the ASC 2011!
The Tragedy of the Euro (2010 Mises Institute) explains why the Eurosystem almost collapsed in May 2010 when the Greek sovereign debt crisis spread to other PIIGS countries.
It explains how the system creates money out of nothing and creates perverse incentives for governments that lead to its own destruction. Without a reform, the Eurosystemis doomed for failure.
Beside the European monetary institutions, the book also describes the political interests behind the euro. The single currency was an important strategical tool in the plan of European socialists. It served to get rid of the Bundesbank and the DM that served as brakes on European inflation. The book is also available as a e-Pub and as pdf.
