With crises around us and a persistent expansive monetary policy, we are witnessing daily increases in prices while our purchasing power is rapidly fading, hurting low and middle-income earners and families in particular. The explosive potential of inflation rates at the beginning of 2022 and the slow realisation of the potential societal fallout is pushing institutions to rethink the principles of monetary union and speed up its completion. This issue of the Future Europe Journal attempts to add content to the long-standing discussion about the necessary changes in the organisation of the monetary and banking union.