I am thinking the jobs of Central Banks would a lot simpler if the world had only one currency.
How nuts is this thought?
I think most of them would be out of a job
I think central bankers have a natural disdain for higher interest rates (Paul Volker the last great central bankers as the exception)
While the only job of a politician is to seek reelection, the only job of a central banker is to make sure the economic crash doesn’t happen on their watch