Optimal currency area theory ignores financial markets, monetary policy and central banks via /r/economy

Optimal currency area theory ignores financial markets, monetary policy and central banks
http://blogs.lse.ac.uk/usappblog/2016/04/28/paul-krugmans-argument-that-the-eurozone-is-not-an-optimum-currency-area-could-be-just-as-easily-applied-to-the-us/

Submitted July 25, 2016 at 10:14AM by PostNationalism
via reddit https://www.reddit.com/r/economy/comments/4uisn9/optimal_currency_area_theory_ignores_financial/?utm_source=ifttt