Whether overvalued, undervalued, or inflationist the european currency has always been criticized since its creation in 2002. European citizens have been blaming the European Central Bank (ECB) for its narrow anti-inflation dogma. Many economists considered its negative side-effects outweighed every benefits. Although the Euro can be considered as a problem, it is not the only one. For 30 years, key elements have been transforming the capitalist system from within leading to frequent crisis or "disequilibrium". Currencies are just part of the model.
