Monetary authorities in Europe, whatever our ideas, have not done so bad with a single central bank and multiple governements. At least they have not originated this mess created by a Central Bank and a SINGLE government. As for the future who knows, perhaps the world will forget and the dollar can recover a little of the total lost of credibility. Funny that at 1,35 to the Euro people talk of the strenght of the dollar.
The Euro Shows Its Real Colors [View article]