I thought on Euro and if it is good or not for people generally. I am pretty much puzzled, and I have only personal opinion on this topic which is:
- It can be good for smaller countries, against currency speculation.
- It can be bad for anybody who has lower life rating and adopting a currency with usage in a higher life rate territory, the prices generally go up while the salaries are following that slowly.
- It might be good or bad, because it can not be manipulated by the country's central bank for the good of the country. It is good if the government is corrupt, and has no access, and it is bad when the government is relatively fair and wants the best for the country.
Do I miss points? Or am I mistaken in some of my points? What are the political impacts of adopting a non-native currency?