Sunday, 16 November 2008
Let's join the euro!
Will Hutton said this in today's Observer. I can't see any argument against it. The logically correct solution is that the world only needs one currency. Money is not a real entity. The reality is tangible goodies- food, drink, entertainment, exploration etc - and tangible input, which is work. Money is just the medium of exchange which, ultimately, enables the conversion of work into goodies; it's a bit like oil. Do we need so many different kinds of oil? And do we need to expend so much effort and danger into turning all these different sorts of the same thing into each other?