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Not in the EU you don't.

(And the Euro has nothing to do with it - before that there was the Exchange Rate Mechanism and the bands, and before that fixed exchange rates and before that Bretton Woods - the Euro crisis is just like the string of devaluation crises we had prior to the mid-90s)

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Wed Dec 14th, 2011 at 08:42:03 AM EST
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