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The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system.

— Robert Mundell

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The euro is the way in which congresses and parliaments can be stripped of all power over monetary and fiscal policy. Bothersome democracy is removed from the economic system.

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Attribution

Quote text and notes from Wikiquote: Robert Mundell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.