This sequel to 'Euro On Trial', shows how European Monetary Union became a main engine of the global credit bubble and puts forward a set of remedies which would reduce the danger of further economic debacle emanating from serious flaws in the present policy-making framework of the European...

The monetary origins of market irrationality -- How Fed quantitative easing spread asset price inflation globally -- A 100-year history of Fed-origin asset price inflation -- How to cure deflation phobia? -- A manifesto for US monetary reform -- Japanese tales in the mythology of Fed...