So when they start inflating or deflating the currency the country that has had the lower cost of living still benefits as long as the current value is still higher then its natural currency's level since inception.
Im in the US, but my concern is with the complications they should really rethink what there doing at times when they inflate or deflate the euro.
The U.S. in my opinion if this could happen is to deflate or inflate the dollar in certain parts of the country. Some areas need inflation while others need deflation during the same time. Each city or state is completely different economic wise. But that will never happen.