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Monday update: Tamny and Ponnuru debate monetary policy; Kudlow on Greece; Noyer advocates a European financial union.

From Forbes, John Tamny critiques Ramesh Ponnuru for supporting monetarism.

On NRO, Ponnuru responds.

At PJ Media, David Goldman opposes Germany’s bailout of Spain.

On The Kudlow Report, a panel discusses Greek’s future in the Eurozone:

Bank of France Governor Christian Noyer advocates a European financial union.

On Forbes, Ralph Benko highlights a plan to rein in Illinois’ public pension costs.

AFP reports the IMF finds the yuan is less undervalued.

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