Sure, physical location in Germany is just by chance.. "Let's count the members of the main decision-making group of the ECB, the Governing Council. Two German

Sure, physical location in Germany is just by chance.. "Let's count the members of the main decision-making group of the ECB, the Governing Council. Two Germans. Twenty-three non-Germans." No, let's count hard data better. Here, from a nobel prize: http://krugman.blogs.nytimes.com/2011/06/15/one-size-fits-one-redux-wonkish/ http://krugman.blogs.nytimes.com/2011/06/15/one-size-fits-on... And here (a little dense maybe): "Overall, the concern that the ECB rate aligns more with the Taylor recommended rates of the core countries than with the peripheral countries appears to be supported by the data[..]" http://econ.berkeley.edu/sites/default/files/Srivangipuram.pdf http://econ.berkeley.edu/sites/default/files/Srivangipuram.p...