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Ambrose Evans-Pritchard: You're Going To Hate Me For Saying It, But There's Only One Way To Save The Euro

Ambrose Evans-Pritchard: You're Going To Hate Me For Saying It, But There's Only One Way To Save The Euro

The latest column from Ambrose-Evans Pritchard
-- The Telegraph's
star finance columnist -- is a must read.

The title: You are all wrong, krugerrand value printing money can halt Europe's crisis
.

As you can surmise, he thinks the idea that fiscal discipline can save Europe is nonsense. What's needed is an ECB that's willing to print money and backstop the various governments.

What's really great though is Pritchard's first sentence...

This will enrage many readers — especially the "Austrian" internet vigilantes — but I have to say it.