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But what is the benefit of the SEuro over having their own currency?

Their core problem is the relegation of their national governments to subsovereign status while retaining responsibility for stabilizing fiscal policy. Going back to a sovereign national currency directly fixes that problem. So why does establishing a SEuro fix it better?

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Sep 20th, 2013 at 07:52:59 PM EST
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