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Authorities lose patience with collapsing dollar


Submitted by Reinhard on Sun, 2008-04-20 22:20.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/18/cneuro118.xml

Silvio Berlusconi, Italy's newly elected premier, has called for a change in the ECB's mandate, proposing a dual mission akin to the US Federal Reserve's mandate to promote growth as well as fighting inflation. He has the support of France's Nicolas Sarkozy.

Seems like someone wants to adopt the failing policies of the U.S. I suspect this would really usher in the demise of all paper currencies.

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