4 ms·
Eh. In the long run, it hardly matters what currency you use and what rate of inflation you run. That's all a numbers game, and economic decisions are properly
by fennecfoxen 13y ago
Eh. In the long run, it hardly matters what currency you use and what rate of inflation you run. That's all a numbers game, and economic decisions are properly about real returns. And having the same currency as the rest of Europe has a variety of advantages to international trade.
It does mean you can't pretend to make your problems go away by cranking up the deficits and inflation, though. You just have to admit that everyone's poorer than they thought the old-fashioned way, by having less money (instead of more money worth less). I guess that can be hard on your electoral chances, though :P