OT: Coin and Paper Currency [WAS:My request to ubuntu developer team]
Amedee Van Gasse
amedee-ubuntu at amedee.be
Mon Nov 21 12:29:41 UTC 2011
On Mon, November 21, 2011 05:45, Eric Morey wrote:
> Was the Euro conversion "not difficult at all" in terms of direct costs
> of converting the physical currency?
The single currency alone is responsible for a 6-10% increase of
intra-eurozone commerce and tourism, depending on your source.
The effect is even bigger in smaller countries like Belgium, the
Netherlands, Luxemburg, Portugal and in the border regions of the bigger
countries.
Unfortunately you can't have a monetary and economic union if a political
union is only an afterthought. The current euro crisis is not due to the
single currency, but due to the lack of a political union.
This is where the USA has an advantage: it consists of 50 "countries" that
all share a common heritage, so a political union is much easier in
comparison.
(this has nothing to do with Ubuntu, sorry)
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