Apolitical Money – An Illusion?

Abstract Monetary history is a of inflation. The Statute the ECB, as copy Bundesbank Act, can be viewed an attempt to establish euro apolitical money. Experience with short shows limits this attempt. Fundamentally, state remains final authority in monetary matters. article begins very brief outline and efforts undertaken achieve stable currency. second chapter analyses ECB shield policy from political influence. This followed by review experience gained euro. last draws conclusions about possibilities