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    from an economic stand point (stand back I am about to have an intelligent moment) the single currency is a complete nightmare and the worst idea ever.

    Macroeconomic stabilization policy tries to keep the money supply growing, but not so quick that it results in excessive inflation and also too low, therefore shallowing out the boom and bust periods, by having a single currency you are implying that each country is in exactly the same economic climate, which clearly they are not, based upon the issues in Greece and Germany, so these countries cant use stablization policy to control their own interest rates, therefore making the boom and busts that much steeper.

    And last time I checked the EU was a duff for us as didnt we pay more in than we actually got out?

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