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Who prefers Euro's to the £
- Thread starter Publius Ovidius
- Start date
The Large One said:
..... errr, yes it does. It is set for the whole of Euroland by the CEB.
It also restricts what percentage of GDP we can spend on public services etc.
m20gull
Well-known member
Westdene Seagull said:
But UK interest rates are already independently set by an unaccountable central bank, the Bank of England. That was one of Tony's first (and best) decisions.
The rest of the Euro compliance is about the convergence conditions, but I thought we already complied with them anyway (unlike France and Germany!
) and none of them seem unreasonable.Roll on the Euro and Schengen
alan partridge
Active member
Strike said:
ooooh please discuss it further
seriously, why don't you? its not just a footy board. tell us all your and the UKIP's views on the Euro.
Strike
Sussex Border Front
No because I feel its not the place. I will discuss on my messageboard on the issue, or a politics board.
http://strike86.myikonboard.com/viewboard.php
http://strike86.myikonboard.com/viewboard.php
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 71,897
We've got a sort of creeping Euro-isation underway already. Like you can spend them in Burger King. Which is a good thing IMHO. Trouble is the minute the idea of a vote on retaining the pound is floated, the right-wing yahoos steam in about losing the sovereign's head off the currency and all the rest of the little Englander nonsense.
alan partridge
Active member
Strike said:
so NSC is the place for classic dance polls but not the place for discussing the euro? weird.
come on, what's YOUR opinion on the Euro?
Strike
Sussex Border Front
I am against it full stop.
Kryten
New member
Strike said:
why?
alan partridge
Active member
yeah, why?
chips and gravy
New member
Euro not gonna believe this but I'm all for switching from Sterling
Coat
Coat
looney
Banned
- Jul 7, 2003
- 15,652
Money money money! My favourite topic.
forget what pretty colour it is or who will accept it, to a greater exstent those points are irrelevant.
What is important.........................
single currency= single interest rate
Because the structure of investment is different in the UK(Morgages mainly) Intrest rate changes will have a greater impact on Consumption/spending, meaning a single currency could destabilise the economy in the UK.
Our currency alters in the long run to take into account differences in Productivity.
Put bluntly, Our historically Crap levels of Productivity Growth wrt France and Germany would destroy jobs. The same Happened over 10 years when the argentines linked their currency to the dollar. US productivity rocketed because of technological change(Computers), Causing the dollar to strengthen taking the low prod argies with them.
What your lefty scool teachers didn't tell you................
This whole thing is based on the idea of the Optimal Currency Area develpoed by the yank economist Robert Flemming who won a Nobel for his efforts.
It is underpinned by the concept of the free movement of Capital and labour like yankland, hence the terms boomtowns and Ghost towns.
Capital OK but Labour?
Ignore the fact that a single European language should be a prerequisit, where do you think labour will migrate to? The south East of the UK which would mean the wholsale junking of planning laws and the South East would be concreted over(This is already beginning).
It would also need to tax harnonisation. Only the UK and Sweden have a "moral" tax system, ie tax fags n booze but subsidise clothing, the rest of Euroland spread taxes more evenly. These are called tax distortions, they would need to be ironed out. So the pro-euro parties are the ones who'll put VAT on childrens cloths not necerssarilly the tories as Labour claimed in 97.
The amount of Money syphoned through Brussels needs to grow for the system to function, even if your a googly eyed tax cutting thatcherite there still is not enough redistribution via Brussels. It needs to quadruple(Ignoring corruption and taxation without representation).
These are simplified reasons, there are others. But you wont here the pro-euro parrots discussing them.
FAO Tom harks
Trouble is the minute the idea of a vote on retaining the pound is floated, the right-wing yahoos steam in about losing the sovereign's head off the currency and all the rest of the little Englander nonsense.
Your joking right? You see I mentioned the colour of money is irrelivant?
Most "Rightwingers" as you so discribe them are more likley to be Internationalists than "little Europeans". Its mainly EU protectionism thats choking the third world.
You may concede defeat in this arguement below....................
forget what pretty colour it is or who will accept it, to a greater exstent those points are irrelevant.
What is important.........................
single currency= single interest rate
Because the structure of investment is different in the UK(Morgages mainly) Intrest rate changes will have a greater impact on Consumption/spending, meaning a single currency could destabilise the economy in the UK.
Our currency alters in the long run to take into account differences in Productivity.
Put bluntly, Our historically Crap levels of Productivity Growth wrt France and Germany would destroy jobs. The same Happened over 10 years when the argentines linked their currency to the dollar. US productivity rocketed because of technological change(Computers), Causing the dollar to strengthen taking the low prod argies with them.
What your lefty scool teachers didn't tell you................
This whole thing is based on the idea of the Optimal Currency Area develpoed by the yank economist Robert Flemming who won a Nobel for his efforts.
It is underpinned by the concept of the free movement of Capital and labour like yankland, hence the terms boomtowns and Ghost towns.
Capital OK but Labour?
Ignore the fact that a single European language should be a prerequisit, where do you think labour will migrate to? The south East of the UK which would mean the wholsale junking of planning laws and the South East would be concreted over(This is already beginning).
It would also need to tax harnonisation. Only the UK and Sweden have a "moral" tax system, ie tax fags n booze but subsidise clothing, the rest of Euroland spread taxes more evenly. These are called tax distortions, they would need to be ironed out. So the pro-euro parties are the ones who'll put VAT on childrens cloths not necerssarilly the tories as Labour claimed in 97.
The amount of Money syphoned through Brussels needs to grow for the system to function, even if your a googly eyed tax cutting thatcherite there still is not enough redistribution via Brussels. It needs to quadruple(Ignoring corruption and taxation without representation).
These are simplified reasons, there are others. But you wont here the pro-euro parrots discussing them.
FAO Tom harks
Trouble is the minute the idea of a vote on retaining the pound is floated, the right-wing yahoos steam in about losing the sovereign's head off the currency and all the rest of the little Englander nonsense.
Your joking right? You see I mentioned the colour of money is irrelivant?
Most "Rightwingers" as you so discribe them are more likley to be Internationalists than "little Europeans". Its mainly EU protectionism thats choking the third world.
You may concede defeat in this arguement below....................
chips and gravy
New member
looney said:
So, what you're saying is that switching to the Euro will enhance our prospects of getting Falmer?
I'm sold!
alan partridge
Active member
chips and gravy said:
come on strike, why?
looney said:Money money money! My favourite topic.
forget what pretty colour it is or who will accept it, to a greater exstent those points are irrelevant.
What is important.........................
single currency= single interest rate
Because the structure of investment is different in the UK(Morgages mainly) Intrest rate changes will have a greater impact on Consumption/spending, meaning a single currency could destabilise the economy in the UK.
Our currency alters in the long run to take into account differences in Productivity.
Put bluntly, Our historically Crap levels of Productivity Growth wrt France and Germany would destroy jobs. The same Happened over 10 years when the argentines linked their currency to the dollar. US productivity rocketed because of technological change(Computers), Causing the dollar to strengthen taking the low prod argies with them.
What your lefty scool teachers didn't tell you................
This whole thing is based on the idea of the Optimal Currency Area develpoed by the yank economist Robert Flemming who won a Nobel for his efforts.
It is underpinned by the concept of the free movement of Capital and labour like yankland, hence the terms boomtowns and Ghost towns.
Capital OK but Labour?
Ignore the fact that a single European language should be a prerequisit, where do you think labour will migrate to? The south East of the UK which would mean the wholsale junking of planning laws and the South East would be concreted over(This is already beginning).
It would also need to tax harnonisation. Only the UK and Sweden have a "moral" tax system, ie tax fags n booze but subsidise clothing, the rest of Euroland spread taxes more evenly. These are called tax distortions, they would need to be ironed out. So the pro-euro parties are the ones who'll put VAT on childrens cloths not necerssarilly the tories as Labour claimed in 97.
The amount of Money syphoned through Brussels needs to grow for the system to function, even if your a googly eyed tax cutting thatcherite there still is not enough redistribution via Brussels. It needs to quadruple(Ignoring corruption and taxation without representation).
These are simplified reasons, there are others. But you wont here the pro-euro parrots discussing them.
FAO Tom harks
Trouble is the minute the idea of a vote on retaining the pound is floated, the right-wing yahoos steam in about losing the sovereign's head off the currency and all the rest of the little Englander nonsense.
Your joking right? You see I mentioned the colour of money is irrelivant?
Most "Rightwingers" as you so discribe them are more likley to be Internationalists than "little Europeans". Its mainly EU protectionism thats choking the third world.
You may concede defeat in this arguement below....................
Well Put !
I like Euros, as I travel around a fair bit, it just makes things simple. regardless of any other implications.
I do most of my estimating work in Euros and dollars, it often works out more favourably if I dont use squids at all.
Looney, I know nothing much about economices, but how come if we would require tax harmonisations, yet EVERYTHING here is more expensive than say France ( by everything I mean everyday items, food, clothes, electrical hardware, property, cars, fuel) ?
I do most of my estimating work in Euros and dollars, it often works out more favourably if I dont use squids at all.
Looney, I know nothing much about economices, but how come if we would require tax harmonisations, yet EVERYTHING here is more expensive than say France ( by everything I mean everyday items, food, clothes, electrical hardware, property, cars, fuel) ?
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 71,897
No pressure Strike...
Why?
Why?