Allendoerfer's point was that West Germany did well during the D-Mark times, so it is unfair to attribute Germany's economic success entirely to a low Euro. Yo

Allendoerfer's point was that West Germany did well during the D-Mark times, so it is unfair to attribute Germany's economic success entirely to a low Euro. You have a point about Frankfurt's income sources of course, but they apply to any financial metropole.