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Are we in the midst of an international currency war? (Photo: Wikipedia)

The monetary masquerade

Since the great global recession, all major advanced economies have resorted to series of liquidity injections to alleviate fiscal challenges.

The unintended consequence is that the resulting massive monetary expansion defers vital structural reforms in the advanced world, while posing huge downside risks to the emerging and developing countries.

Last Tuesday French President François Hollande complained that the euro should not be left fluctuating at the mercy of the “mood of ma...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

Are we in the midst of an international currency war? (Photo: Wikipedia)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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