Alternative currency and balanced living system. Alternativna valuta i uravnoteženi životni sistem. Moneta alternativa e sistema di vita equilibrato.

Linija

Search

Home Forum
Welcome, Guest
Username Password: Remember me

Who Is The Real Owner Of The Euro Currency?
(1 viewing) (1) Guest
  • Page:
  • 1

TOPIC: Who Is The Real Owner Of The Euro Currency?

Who Is The Real Owner Of The Euro Currency? 6 years, 3 months ago #2089

European Parliament - Parliamentary Questions
1 July 2011
E-006243/2011
Subject: Legal nature of ownership of euro

There is currently an ongoing international scientific debate on the seigniorage of currency; the entire monetary system is based on seigniorage, which derives from the issuance of currency. At present, it is impossible to identify who the creditors and who the debtors are as regards the circulation of the euro; however, European peoples have every right to know whether they are "creditors" (i.e. owners) or "debtors" (i.e. non-owners) of the value of all the euro currently in circulation. Can the Commission therefore specify, clearly and definitively, who the legal owner of the euro is at the moment of issuance?

Re: Who Is The Real Owner Of The Euro Currency? 4 years, 10 months ago #2727

  • Jazz555
Before long, all Europe, save England, will have one money". This was written by William Bagehot, the Editor of "The Economist", the renowned British magazine, 120 years ago when Britain, even then, was heatedly debating whether to adopt a single European Currency or not.
  • Page:
  • 1
Time to create page: 0.13 seconds