“The implementation of the euro will be the final nail in the coffin of the Polish economy” – Prof. Zbigniew Krysiak, economist, chairman of the Program Council of the Schuman Institute says in an interview for Schuman Optics Magazine.
“The euro is an instrument for building a superstate, in addition to the so-called Court of Justice (CJEU), in addition working to create a banking union. The transition to the euro currency is to facilitate arguments for the creation of a central banking supervision system, and ultimately to remove and destroy the role of our central bank” – Prof. Zbigniew Krysiak states.
The Polish zloty is a condition of sovereignty
“Sovereignty is a currency, it is the zloty. Today the euro is going bankrupt. We have known for many years, based – paradoxically – on the analyzes of a German think-tank, and in a sense, Mrs. Ursula von der Leyen’s compatriots, that the euro implemented in countries led to huge losses for the economies of Spain, Italy, Greece, France – in fact, all except Germany. The proof is also that since the introduction of the euro, public debt has increased very quickly, except for Germany, which I mentioned, it is above 100 percent. In Italy – about 150, in Greece – about 200 percent. For comparison, in Poland it is just over 50 percent, but it is already said in the European Union that if Donald Tusk continues ruled – this debt will increase to over 80% and will be higher than the German one” – he adds.
“This is the Germans’ goal: when the euro is introduced, we have no national instruments to stabilize the exchange rate. Then our import-export situation worsens and we become dependent on whether the European Central Bank agrees to issue Polish debt, which is already then it will be in euro or not. This means our borrowing needs can be reduced or strengthened, depending on Germany’s interests” – the expert explains.
Prof. Zbigniew Krysiak points out that “the condition for a single currency is to bring the economic condition of individual areas to the same level, and unfortunately this was not the case when the euro was introduced”. “This is now taking its toll on the differences in the condition of households. In Spain: massive unemployment, massive price increases” – he reminds. “When this potential is not equal, the euro kills” – he concludes.
The expert emphasizes that the Polish potential is definitely lower than the German one and we cannot be guided by what many politicians say without justification (that we should adopt the euro – ed.). He points out that the point is not that the GDP per capita should be similar to the German one, but that the economic condition should be such that our monetary assets, real estate, deposits, earnings, how many square meters of apartment we can buy with our salary are the same, because these are factors proving equal economic potential.
Prof. Zbigniew Krysiak has no doubts: “The introduction of the euro will be the final nail in the coffin”. “Germany will do whatever they want” – he emphasizes, adding that the introduction of the euro would require changing the Polish constitution, and this cannot be done normally for several years. “But why is Mr. Bodnar sending preliminary questions to the CJEU?” – the economist asks rhetorically.
Referring to the fact that if the euro were adopted, all Polish gold would go to Frankfurt am Main, Prof. Krysiak notes: “The aim of creating a superstate is to rob Poland of assets, of our resources. After all, this was Germany’s goal, we saw it perfectly during World War II”. In his opinion, “this German mentality has survived and until the Germans acknowledge, that they were and are compulsive murderers, go through therapy and make amends, give back what they stole, there will be no reconciliation, brotherhood and peace in Europe”. “Germany, striving for a superstate, is giving us another war” – he sums up.
“At the end of the 1980s, Germany planned to take control over Poland in the economic dimension. Not only over the lands in the western part, but over the entire Poland” – he reminds.
Anna Wiejak