The Germans don't want to pay by printing more money because that is essentially a tax from reduced purchasing power but the FED comes in and wants to do that to Americans. Maybe a few US Banks will benefit from a bailout of EU but the average American consumer will see higher gas, energy and food prices because the FED will lend dollars to the EU nations to exchange for Euros to pay their euro-denominated debts. As a result the dollar will fall sharply to new lows.
Americans should resist another Marshal plan for Europe that aims in saving other countries and their central banks that want to maintain zero-inflation by not printing money and will end up transferring the inflation to Americans.
Americans should resist another Marshal plan for Europe that aims in saving other countries and their central banks that want to maintain zero-inflation by not printing money and will end up transferring the inflation to Americans.