FT I don't think it would. Say we print, using a combination of Greek, Cypriot, Slovakia and a few Spainish serial numbers, €100 billion euros on the qt.
The GDP of the eurozone is nearly €10 trillion. There is no way that any proper european, ie German and Dutch, are going to notice another 1% of cash floating around.
Given the horror thats going on, if some responsible Saxon is counting up the cash in Frankfurt and he thinks there is 1% more than last month, his boss is probably Italian, Portugese and will be not bothered to tell anyone.
This is the recovery plan. Its perfect. Its just a variant on the Irish Sweepstakes.
Well done clontarfblue.
Why not make a euro worth a million euros so we can solve poverty!
Every one sees what you appear to be, few really know what you are, and those few dare not oppose themselves to the opinion of the many, who have the majesty of the state to defend them.
- [SIZE=2]Niccolò Machiavelli[/SIZE]
Have scanned in a € 50 in high resolution and its looking good.
Now anyone know where I can get some good quality bank note paper ?
Do people reccomend a high quality colour inkjet or colour laser ?
Why do we have to print them at all .... just a few keystrokes on the computer in Anglo.
Problem solved!
It is suggestions like these, that got us into trouble in the first place.