How is that even argument against joining eurozone?
SarmackaOpowiesc on
Good. Please don’t ever join.
Being able to inflate your own currency and adjust interest rates is an extremely powerful economic tool.
As Greece, Italy. And Spain have been finding out.
bannedByTencent on
Nobody asked, nobody cares.
personalbilko on
Interesting consideration against a single currency is the rise of cheap digital banking. When the Euro was first introduced, you had to take cash to a physical exchange that would charge you 5%+, risk getting robbed. Nowadays you just exchange money seamlessly on your card without noticing. The main argument – ease of doing business – is dead, or at least greatly diminished.
That having said, there’s also plenty of positive reasons to join the eurozone, and even if they currently don’t work for poland, it would be silly to dismiss them outright unconditionally, forever.
Polish economy won’t be geared to cheap exports to EU forever, if/when we catch up to the main EU players like Germany and France, a move to Euro could be in our interests.
TheKrzysiek on
Lack of Euro gave us more financial independence, which actually was pretty good for us a few times already, with big one being the fact that it helped us almost completely avoid 2008 crash
However, it would mean cheaper Steam games, but that’s more because Valve doesn’t want to update their currency conversion and we have to pay some of the highest prices in the world (fuck you Valve)
Elddif_Dog on
The second Poland joins Euro is the turning point where its economy will start going downhill.
Most EU countries were is a hurry to join Euro so they wouldn’t be left behind but recent years has shown the Euro is not working. You cant be Greek and have the same coin as Germany and be expected to attribute the same value to it. Its crippling the economies of the smaller countries while solidifying Germanys economical power over them.
Britain saw this coming and went scorched earth to get out, they are only now recovering.
Poland should work to make the Zlotty a solid currency in the world market, not give up its coin for the sake of being in a club nobody cares for.
100masks1life on
Morons the lot of them. While central euro currency may not be the best in terms of individual national interest it’s still much stronger and more stable currency than PLN, is better in terms of interest of the whole Europe and simply put we are not capable of effectively utilizing whatever meager advantage staying outside the euro zone provides.
matix0532 on
They’re right, that joining the Eurozone could probably make economic conditions worse. But I think that instead of refusing to join €, we should push to making a fiscal union.
The problems with common currency are quite common without having a fiscal union. Having a fiscal union would mean, that the EU has power over the budget for all member countries, but it would also mean that they have direct control over the currency, which current countries in the Eurozone don’t have.
This solution would probably revitalise the European economies. However, not many people are ready to make such a step.
8 commenti
How is that even argument against joining eurozone?
Good. Please don’t ever join.
Being able to inflate your own currency and adjust interest rates is an extremely powerful economic tool.
As Greece, Italy. And Spain have been finding out.
Nobody asked, nobody cares.
Interesting consideration against a single currency is the rise of cheap digital banking. When the Euro was first introduced, you had to take cash to a physical exchange that would charge you 5%+, risk getting robbed. Nowadays you just exchange money seamlessly on your card without noticing. The main argument – ease of doing business – is dead, or at least greatly diminished.
That having said, there’s also plenty of positive reasons to join the eurozone, and even if they currently don’t work for poland, it would be silly to dismiss them outright unconditionally, forever.
Polish economy won’t be geared to cheap exports to EU forever, if/when we catch up to the main EU players like Germany and France, a move to Euro could be in our interests.
Lack of Euro gave us more financial independence, which actually was pretty good for us a few times already, with big one being the fact that it helped us almost completely avoid 2008 crash
However, it would mean cheaper Steam games, but that’s more because Valve doesn’t want to update their currency conversion and we have to pay some of the highest prices in the world (fuck you Valve)
The second Poland joins Euro is the turning point where its economy will start going downhill.
Most EU countries were is a hurry to join Euro so they wouldn’t be left behind but recent years has shown the Euro is not working. You cant be Greek and have the same coin as Germany and be expected to attribute the same value to it. Its crippling the economies of the smaller countries while solidifying Germanys economical power over them.
Britain saw this coming and went scorched earth to get out, they are only now recovering.
Poland should work to make the Zlotty a solid currency in the world market, not give up its coin for the sake of being in a club nobody cares for.
Morons the lot of them. While central euro currency may not be the best in terms of individual national interest it’s still much stronger and more stable currency than PLN, is better in terms of interest of the whole Europe and simply put we are not capable of effectively utilizing whatever meager advantage staying outside the euro zone provides.
They’re right, that joining the Eurozone could probably make economic conditions worse. But I think that instead of refusing to join €, we should push to making a fiscal union.
The problems with common currency are quite common without having a fiscal union. Having a fiscal union would mean, that the EU has power over the budget for all member countries, but it would also mean that they have direct control over the currency, which current countries in the Eurozone don’t have.
This solution would probably revitalise the European economies. However, not many people are ready to make such a step.