Let's see...
Developing trade conflict with China?
Huge national budget deficit not being helped by Congress which recently "punted = defaulted = we quit."
Moving in that same direction, there will be no significant motivation until the 2013 "auto-deadline." Everyone can easily understand politicians. There will be no action for now. Action is a politically unacceptable event.
Is there anything to prevent the FED from printing monopoly money while the Euro-Zone prints its monopoly money?
At the present time, NO there is no reason that Uncle Ben may not print the monopoly money... even though it makes no economical sense.
Politics is politics, blame is blame.
Everyone knows it's way more important to destroy the world with someone else to "blame" than it is to save the world without "credit." Every politician and every lawyer knows that, so watch out for the currency-deflation downside risk as we have already instructed for now.
