3 ms·

Your house/building analogy is flawed because there are extremely significant rules/regulations about what your house can look like and what materials you can u

Your house/building analogy is flawed because there are extremely significant rules/regulations about what your house can look like and what materials you can use to build it leveed by all sorts of levels of government as well as HOAs. Doubly so if you live in a historical neighborhood. And somehow people do manage to live in skyscrapers without flooding the first floor. I'm not sure if anyone ever attempted a currency something like the Euro before.

dkb 10y ago
You are not sure that anyone every attempted that? How about the Soviet Ruble with the USSR? I think that is the last one to date...before the Euro.
deleted 10y ago
[deleted]
dkb 10y ago
OK. I could start debating about HOAs and skyscrapers but I won't. I think people who read that metaphor understood what lays under it... Which is, the idea that you cannot take 28 countries who have a different History, different values, different interests, different language, different way of thinking, and ask them to all obey to the same rules and put them under the same constraints.
- nommm-nommm 10y ago
  The metaphor is extremely poor because you can't "do whatever you want" with your house. In fact you are extremely limited with what you can do with your house. Real life example: I can't put an extension on the front of my house because it's prescribed that my house must be set back from the road X feet. I can't build a third story because the max is two stories in my neighborhood. I can't bulldoze my house and build a duplex as my lot, as well as entire neighborhood, is zoned single family. I can't buy a 3000 square foot lot and build a house, my city says all houses have to have at least a 5000 square foot lot. I can't even leave my garbage can outside unless it's garbage day. And I don't even have an HOA! There's no "debate," you can't come even close to doing what you want to your house and you never could. And you know what, for the most part, everyone who lives here is happy with it.
krona 10y ago
> I'm not sure if anyone ever attempted a currency something like the Euro before. Well, from 1865 to 1927 there was the 'Latin' monetary union, which failed because some countries (e.g. Greece) simply couldn't afford to produce the coinage and instead debased the currency.
- dkb 10y ago
  USSR had one as well, the Soviet Ruble. You are right about the Latin Monetary Union, it is one of them. There was also the Scandinavian Monetary Union (SMU), and many more.

dkb 10y ago

You are not sure that anyone every attempted that? How about the Soviet Ruble with the USSR? I think that is the last one to date...before the Euro.

deleted 10y ago

[deleted]

dkb 10y ago

OK. I could start debating about HOAs and skyscrapers but I won't. I think people who read that metaphor understood what lays under it... Which is, the idea that you cannot take 28 countries who have a different History, different values, different interests, different language, different way of thinking, and ask them to all obey to the same rules and put them under the same constraints.

nommm-nommm 10y ago
The metaphor is extremely poor because you can't "do whatever you want" with your house. In fact you are extremely limited with what you can do with your house. Real life example: I can't put an extension on the front of my house because it's prescribed that my house must be set back from the road X feet. I can't build a third story because the max is two stories in my neighborhood. I can't bulldoze my house and build a duplex as my lot, as well as entire neighborhood, is zoned single family. I can't buy a 3000 square foot lot and build a house, my city says all houses have to have at least a 5000 square foot lot. I can't even leave my garbage can outside unless it's garbage day. And I don't even have an HOA! There's no "debate," you can't come even close to doing what you want to your house and you never could. And you know what, for the most part, everyone who lives here is happy with it.

krona 10y ago

> I'm not sure if anyone ever attempted a currency something like the Euro before. Well, from 1865 to 1927 there was the 'Latin' monetary union, which failed because some countries (e.g. Greece) simply couldn't afford to produce the coinage and instead debased the currency.

dkb 10y ago
USSR had one as well, the Soviet Ruble. You are right about the Latin Monetary Union, it is one of them. There was also the Scandinavian Monetary Union (SMU), and many more.