Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-24-Speech-2-202"
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"en.20001024.6.2-202"2
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".
I should just like to repeat what I was saying, which is that the influence of a tax of this kind on the volatility of the exchange market has not actually been proven. I think that, in spite of everything, fluctuations in the euro/dollar exchange rate are, unfortunately, higher than this sort of value, and it is true that we have to deal, in the long term, with speculators who expect far greater devaluation. Indeed this is what has happened in the case of the euro over the year, whether we like it or not. Mr Lipietz, for instance, is too fine an economist not to realise that economics is just another form of political science."@en1
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