I don’t even care that we oppose it for the wrong reasons. Euro in current state can’t work unless your only goal is to remove friction in the market which is rather reductive. Once EU has a common fiscal policy and budget then let’s go but until then we should remember that domestic currency is essential tool for economic policy makers.
I don’t even care that we oppose it for the wrong reasons. Euro in current state can’t work unless your only goal is to remove friction in the market which is rather reductive. Once EU has a common fiscal policy and budget then let’s go but until then we should remember that domestic currency is essential tool for economic policy makers.