Poland and the Euro

I was checking the news and came across this article

The Washington Post - In Poland, embracing Europe but not the euro

It discusses how Poland doesn't have the votes to join the Euro and make it their currency. It also says that they will have to anyways because they agreed to when they joined the European Union. This is how silly it is getting out there, the Euro is on the verge of collapse and the people of Poland, who had no stake in the Euro, will be forced to adopt it anyways. I had just finished writing a post on The Coming International Setting of Currencies - Soon when I came across the article about Poland. What possible reason would exist for adopting a failing currency when yours is in good shape?

This is another example of the criminal political class that we have in the west. They would sell out their own mothers.

reply to post by AQuestion


Agreed.

And while this is happening, countries badly hit by the financial crisis are already creating a post-Euro monetary system.

CASHLESS CURRENCY TAKES OFF

How easy will the Euro be to reject once this cashless system gets a good footing?

Very easy, methinks!

reply to post by antoinemarionette


Dear antoinemarionette,

Absolutely. Cashless can only work if you have an international agreement on what the valuations of currencies is based on and if you do not accept that valuation then your currency would be considered a soft currency and not be internationally traded. Once the international currency is electronic, you have one currency and any country that did not accept that would not be allowed to be a global currency. Whether Poland accepts the Euro or not is meaningless if they accept an international body setting their exchange rate, they lose sovereignty.