quote:
Originally posted by MeEtc
This was already attemped with the euro, and look at where they are now. Last I checked, UK still has their Pound, and their economy is doing just fine
Errr.
Sorry but this made me laugh... no offense though, but such a thing is typically something someone from 'over the ocian' would say, spoon fed by governement, television, and other populistical media without understanding how things work here.
(And don't forget the US is in far more debt than any European country btw).
The Euro currency is not to blame for the economic crisis at all! On the contrary! It is exactly because of the Euro and/or Europe that not more European countries are in trouble.
In fact, the 'crisis', or better: the regression, some countries experienced in Europe actually began within the US and because of how the US handles its economics and bank finances (eg: realestates, etc). And because everything is connected (especially with banks and multinationals), it trickled down to Europe too. The Euro is not to blame at all.
That said, and although something can be said about a global currency (as it does have some benefits), one world wide currency would indeed be a horrible idea imho though. Not to mention one world governement....
quote:
Originally posted by Chrono
we should all use cookies as currency
hell yeah
... wait.... would that mean it would be illegal to eat cookies (you know... destroying money and all)?
* CookieRevised goes hiding from the feds