> ... the Euro would experience inflation even if the central bank turned to a policy "money destroying" because the USD is absolutely crushing every currency.
If the European central bank started reducing the supply of Euros, the Euro would increase in value relative to the USD. The rise in the USD isn't an earthquake or weather phenomenon independent of everything else.
If the European central bank started reducing the supply of Euros, the Euro would increase in value relative to the USD. The rise in the USD isn't an earthquake or weather phenomenon independent of everything else.