26min chapter

Monetary Matters with Jack Farley cover image

The Treacherous Last Mile of Inflation | Vincent Deluard on France, 2025 U.S. Fiscal Drag, COLA Pain, and the U.S. Healthcare Price Spiral

Monetary Matters with Jack Farley

CHAPTER

Euro Under Pressure: Economic and Political Crises

This chapter explores the depreciation of the euro against the dollar, focusing on the underlying political and economic crises affecting France and Germany. It discusses the implications of reckless fiscal policies, the challenges of existing EU monetary rules, and rising investor concerns regarding credit risk. The chapter also evaluates the potential for a weak euro to stimulate growth, while cautioning investors to adopt a careful approach amidst broader economic uncertainties.

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