With all the inflation and imploding Euro, there is a new currency on the horizon...
Very interesting.
Some local currencies have still continued to exist as a sort of shadow currency: for example, in Spain, things are denominated in Euros...and pesetas. Many people still calculate in pesetas. It may be true in other parts of Europe, as well, that people are still calculating in their former national currency.
This wouldn’t be true in Germany, because it was essentially the German currency that was used as the standard for the Euro.
I think a uniform currency, from a consumer point of view, is a wonderful thing. One of the biggest problems in the past was the need to convert currencies at every border. If you live in the US, imagine having to get a special currency every time you crossed into another state.
But the difference is that Europe has never been and cannot be a single state, so perhaps the currency approach has to be revised.
The Euro was established well before the advent of computerization. Perhaps to make it easier for transition between national currencies, a new form of currency conversion could be worked out. All currencies could use a certain standard (a decimal standard understood by just about everybody) for conversion, and conversion could be virtually automatic at the borders.
The unified Euro zone is terrible and whatever it takes to bring it down will in the grand scheme of things be good.
Same thing here; whatever it takes to bring down the commie/muzzie/cartel enabling soft coup here will in the end be a good thing.
But my tagline will apply.