The ECB has surrendered and is turning toward even more aggressive easy-money policy as the euro economy slows. Meanwhile, President Trump attempted to use the move to put additional pressure on the Fed to ratchet up its own QE plans.
What is needed to make peace durable is a change in ideologies. What generates war is the economic philosophy almost universally espoused today by governments and political parties.
Virtually all laws involve "legislating morality." When people use this phrase they often really just mean "I want laws to back my version of morality, not yours."
