German growth helps shares, euro stage recovery | Reuters

German growth helps shares, euro stage recovery | Reuters: (Reuters) - "European shares edged higher and the euro held above a four-month low on Tuesday after Europe's biggest economy reported strong growth, but fears about the impact of the region's crisis on the global outlook kept demand for safe-haven assets strong."



Germany's growth is due to an increase in export which is mostly the result of a weaker Euro.   But will the US devalue its dollar to try to destabilize the Eurozone? This is what Krugman is suggesting to do with his suggestion that the US should increase inflation rates, is not it?

I think the US, since the creation of the Eurozone, has been paranoid of Europe's powerful coalition; fearful the Euro could replace the Dollar as the international currency.