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n or ce levier est impossible en Europe car les pays ont des intérêts économiques contraires : on ne va pas demander aux allemands de baisser l'euro pour aider la Grèce en 2010 ou l'Italie désormais - dans un contexte post crise ukrainienne propulsant la dette italienne à 150% (compétitivité hors prix). Les économies réelles des pays européens ne semblent pas converger au point qu'ils soient touchés par les mêmes chocs ainsi le levier monétaire ne peut être utilisé sans sacrifices.

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