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NewsWhore
01-02-2012, 08:20 PM
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Why We Are Uneasy About Global Economy in 2012: Harold James (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFFuivgo71EGCw5bnWuqu2pp29maw&url=http://www.bloomberg.com/news/2012-01-03/why-we-are-uneasy-about-global-economy-in-2012-commentary-by-harold-james.html)
Bloomberg
By adopting a currency, the euro-area members threw away the exchange rate as a tool of policy by adopting a single currency, in the same way as did countries returning to the ties of the gold standard in the 1920s. Yet ending that commitment would ...

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