posted on Apr, 28 2012 @ 07:57 AM
I totally agree Erectus, and furthermore, the idea cited in the piece below makes even more sense to a lot of people. One currency for domestic, and
another for external affairs:
by André Cabannes, PhD Stanford University, California, USA
July and August 2011, revised February 2012
We explain how the unique currency lead to difficulties for many countries of the eurozone, focusing on the example of Greece. The problem stems from
a confusion between money for exchanges within a country and money for international trade. Greece is only the first in a series of countries where
the same problem will arise: Italy, Spain, Portugal, Ireland, France. We do not advocate the withdrawal of these countries from the euro, but the use
by each country of a system of two currencies, its local one and the euro. In recent decades China is the only country which applied the principle of
separation of internal and external currencies and drew much benefit from it. Finally we explain why we believe that a new private international
currency will appear.
The whole piece available here:
Question is I suppose, even if a country has a right to conduct its' internal affairs how it seems fit, how much pressure would be exerted from
Brussels if a country actually moved to implement this?