Comment Re:Germany should pay war reparations for WWII (Score 1) 743
Poor economies need weak currencies to enable profitable exports.
Or they can use a strong currency, and lower their wages.
I don't understand what you mean by this (I'm serious, not being facetious): weak economies need to export goods and services/import currency. Greece doesn't need to worry about anyone wanting their drachmas - they should be trying to get dollars/euros/etc *in*, not drachmas *out*. Hence my reply to "printing money that nobody wants". Sure, nobody wants it outside of Greece, but a weak currency for Greece means that, for things Greece does not need to import, it becomes cheaper to live.
Sure - they'll pay more for iShinies and automobiles. But, they'll pay less for food (they *can* grow themselves) and a weak currency gives them more value on any goods/service surplus they possess. With the strong currency, it doesn't matter what austerity measures they take - they'll still drown.
PS. It's nice to have someone disagree on slashdot without first hurling insults about "crying manbabies", "clueless noob", "libertard/republitard", etc. Please keep up the good work