The New Euro currency....in 2002
- Thread starter Chuckus
- Start date
Xander
Rekindled
- Joined
- Dec 20, 1999
- Posts
- 17,089
I hope, but I doubt it
You know, as it is right now, i doubt it'll work the way they intented it to. Now dont get me wrong, I'm all for the Euro. But the wise men has done it all wrong.
You guys have to remember that even though the US currency is currently running the world economics, it so young compared to the European currencies. My point??
Each country who has agreed to the Euro, in some way or another, feel that they give up a crucial part of what makes their country unique.
And I can perfectly understand that. Though I do not agree.
Now, as long as the countries here feels they lose a limp for the greater purpose of the Euro, it wont work.
It would something like, if all 52 US states had their own currency, and suddenly all had to use the CANADIAN dollar.
Now, I said that I was all for it. And I am. to be honest I dont care if the currency is kroner, or Euro.
But what the wise men of the EU should have done, instead of what they do now.
They had should have made the Euro and international trade currency. Not a currency you can hold in your hand in the form of coins and bills.
A trade currency, so each country's currency would lean on the Euro, and trade internationally in the Euro.
They would also have a greater chance to fulfill the purpose of the Euro. Which is to compete with US dollars. Which is currently is the leading trade currency. No European citizen holds a dollar bill in their hands very often. But we trade in it all the time. Hell half the mercandise imported and exported out of Europe is paid in US dollars.
So, the purpose of the Euro is, to have a european controlled currency, to trade in. Instead of an American controlled currency, which is the case right now.
Will it work??
Eventually, there's no way around it with todays development. But not in the next 10-15 years.
You know, as it is right now, i doubt it'll work the way they intented it to. Now dont get me wrong, I'm all for the Euro. But the wise men has done it all wrong.
You guys have to remember that even though the US currency is currently running the world economics, it so young compared to the European currencies. My point??
Each country who has agreed to the Euro, in some way or another, feel that they give up a crucial part of what makes their country unique.
And I can perfectly understand that. Though I do not agree.
Now, as long as the countries here feels they lose a limp for the greater purpose of the Euro, it wont work.
It would something like, if all 52 US states had their own currency, and suddenly all had to use the CANADIAN dollar.
Now, I said that I was all for it. And I am. to be honest I dont care if the currency is kroner, or Euro.
But what the wise men of the EU should have done, instead of what they do now.
They had should have made the Euro and international trade currency. Not a currency you can hold in your hand in the form of coins and bills.
A trade currency, so each country's currency would lean on the Euro, and trade internationally in the Euro.
They would also have a greater chance to fulfill the purpose of the Euro. Which is to compete with US dollars. Which is currently is the leading trade currency. No European citizen holds a dollar bill in their hands very often. But we trade in it all the time. Hell half the mercandise imported and exported out of Europe is paid in US dollars.
So, the purpose of the Euro is, to have a european controlled currency, to trade in. Instead of an American controlled currency, which is the case right now.
Will it work??
Eventually, there's no way around it with todays development. But not in the next 10-15 years.
Xander
Rekindled
- Joined
- Dec 20, 1999
- Posts
- 17,089
Re: Re: I hope, but I doubt it
Well I guess so. But that still doesn't change the fact that the Danish currency is only used by approx. 5,5 million people on a global scale.
Sure, it's the danish currency, and one that has been the this countrys currency for about 800 years longer than USA has existed.
But today you gotta look past that, and think of what will be the best possible approach for yourself, AND your future generations.
Will it be like it is today, OUR generation cleaning up what our parents generation did?? Or will it be theirs, without having been pulled back by what we do??
Also, as a trade currency. The Kroner. Well pardon my vocabulary. But only a retaded horses ass of a fool would think it could ever be so.
tony_gam said:
Well I guess so. But that still doesn't change the fact that the Danish currency is only used by approx. 5,5 million people on a global scale.
Sure, it's the danish currency, and one that has been the this countrys currency for about 800 years longer than USA has existed.
But today you gotta look past that, and think of what will be the best possible approach for yourself, AND your future generations.
Will it be like it is today, OUR generation cleaning up what our parents generation did?? Or will it be theirs, without having been pulled back by what we do??
Also, as a trade currency. The Kroner. Well pardon my vocabulary. But only a retaded horses ass of a fool would think it could ever be so.
Closet Desire
Literotica Guru
- Joined
- Sep 26, 2000
- Posts
- 1,177
In the end...
...it's just money...and you spend it. Instead of changing rates of exchange when we travel through Europe it will be similar to the US. Prices for commodities will reflect that country's economic status. It'll still be cheaper to live in Barcelona than London and you won't have to pay commission. Good enough for me.
...it's just money...and you spend it. Instead of changing rates of exchange when we travel through Europe it will be similar to the US. Prices for commodities will reflect that country's economic status. It'll still be cheaper to live in Barcelona than London and you won't have to pay commission. Good enough for me.
Weird Harold
Opinionated Old Fart
- Joined
- Mar 1, 2000
- Posts
- 23,768
Re: In the end...
A Discovery Channel piece on minting coins made an interesting point about the Euro.
They compared it to the introduction of the US Dollar to replace the plethora of different coins in use after the Revolutionary war. The claimed effect was to make the citizens of the states think more in terms of being an "American" than as a citizen of a particular state. A similar effect was predicted for the introduction of the Euro.
I think there is a flaw in the prediction. The fledgling US had no "state currency" to replace with a single "national currency," where some European coinage, like the Kroner, has been around for a over thousand years. Still, in 50 years or so, when there is no longer a "living memory" of other coinage, I'm sure that Europeans will think of themselves as much European as much as French, English, Danish, German, Et al.
I'm not sure that's a good thing. It probably is best for peace, but I hate to see the diversity diluted.
Closet Desire said:
A Discovery Channel piece on minting coins made an interesting point about the Euro.
They compared it to the introduction of the US Dollar to replace the plethora of different coins in use after the Revolutionary war. The claimed effect was to make the citizens of the states think more in terms of being an "American" than as a citizen of a particular state. A similar effect was predicted for the introduction of the Euro.
I think there is a flaw in the prediction. The fledgling US had no "state currency" to replace with a single "national currency," where some European coinage, like the Kroner, has been around for a over thousand years. Still, in 50 years or so, when there is no longer a "living memory" of other coinage, I'm sure that Europeans will think of themselves as much European as much as French, English, Danish, German, Et al.
I'm not sure that's a good thing. It probably is best for peace, but I hate to see the diversity diluted.
