True. However ... any central bank is free to do that in any currency they please. So the ECB can do it for Swiss Francs today, for instance. If you now procee

True. However ... any central bank is free to do that in any currency they please. So the ECB can do it for Swiss Francs today, for instance. If you now proceed to say that that is lunacy ... I'd agree with you. But it's still how it works.