It is difficult to comprehend the short-sighted insanity of this decision. Basically they are saying, stay the fuck away from our banks. I'm not sure how you could devise a policy more likely to generate long-term instability.
QFT. There is no end to current stupidity.
Both QFT
Here's a BBC report on the situation.
http://www.bbc.co.uk/news/world-europe-21814325GOGO TRACTOR POWER!
Seriously though, as I've been saying, fiat is already dead, what is happening are the death throws of an much abused system