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But smaller currencies are more vulnerable to markets, surely. Nothing bad has happened yet, but perhaps some wannabe Soros is planning an attack on the Danish kroner when the opportunity presents?
Pure speculation, on my part, I confess.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Fri May 7th, 2021 at 01:21:43 PM EST
[ Parent ]
Were EU and ECB policy more even in its benefits between the large and small national economies I might agree. But not under current and likely future policy options.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon May 10th, 2021 at 06:32:50 PM EST
[ Parent ]
You can't raid a floating currency, because the government isn't going to bet against you. So there isn't much Soros can do as long as the Kronas stay floating (and Sweden's need to stay floating to avoid fulfilling the entrance criteria to the euro).
by fjallstrom on Wed May 12th, 2021 at 08:01:13 AM EST
[ Parent ]


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