Jun 30, 2022
Which is why it is never going to happen. The problem has never been currency. The euro works perfectly where I am living.
The problem is that profit is about charging more for a product than it cost to produce and paying labor less than its worth. This always results in inequality, and as profits get higher, inequality becomes more extreme.
The greater the inequality, the more large numbers of people cannot afford to pay for essentials. One things leads to another.
No currency in the world is going to solve that system. The problem isn't currency.