Tober, Silke; Treeck, Till van - 2010
inflation.Grave policy mistakes could, however, lead the euro area to the brink of collapse. It would then be theoretically … without risking an economic crisis and the insolvency of the euro-area countries. The question would then no longer be whether … wealth is lost but rather how it is lost: via inflation or debt repudiation. The euro area is nowhere near such a scenario …