The Secretary General of the club of Rome advised Ukraine to print money.
Economist, Secretary General of the club of Rome Graeme Maxton advised Ukraine to take into account two important aspects.
First, he urged to understand that the Western economic system is not perfect.
“Often the so-called globalization acquires a different form. Country forcibly driven into debt and forced to adopt Western system. I think the solution lies in the plane of information, education of the population. You need to convey to people that the Western system is not completely correct, balanced. We must understand that the EU and its politics have caused great damage to many countries over the last 50 years,” said Maxton.
He also advised to print more money to repay debts.
“Secondly, it is necessary to deal with those debts in which you are driving. The solution is to print more money. Us economists say that this causes inflation. But no. We see that over the past 10 years, Japan, the US printed a lot of money and no inflation occurred. On the contrary, it allows you to pay people to work, invest in development,” said Graeme Maxton.
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