Re: first day of the euro

From: Mike Lorrey (mlorrey@datamann.com)
Date: Thu Jan 03 2002 - 20:05:48 MST


J Corbally wrote:
>
> As for the currency leading to a war as someone stated here, I'm not sure
> how they arrived at that conclusion, given Europe as it is
> today. Countries that felt that strongly about retaining fiscal "autonomy"
> remained outside the Eurozone.

Well, I don't know about it causing a war, unless one country finds
itself in trouble and its leadership decides to print its way out of
debt, thereby pissing off everyone else. Similarly, if two eurocountries
get into a war, the side that gets the least allies amongst the other
euros or winds up on the losing side can mess things up for everybody by
overprinting money and flooding the market. If a eurocountry is printing
the money, it ain't counterfiet. Betchall didn't figger on THAT
happenin'!



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