One problem with defending the Euro is that some of the best anti-arguments are also the most easy to understand. But ask the Japanese how easy it is to actually inflate a problem away...
On the other hand "massive inflation" isn't exactly the easy option. It's just very easy to understand if you are prepared to oversimplify macroeconomics.
On the other hand "massive inflation" isn't exactly the easy option. It's just very easy to understand if you are prepared to oversimplify macroeconomics.