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Eurosceptic Bloggers

Friday, September 01, 2006

The Bleats of Ignorant Sheep

The Guardian is unfailingly able to offer ignorant comment by economically illiterate idiots, combined with the encouragement of brain washed believers of fantasy. Hywel Williams offers up todays pile of crap.

Electoral reform and the euro were the two most important political issues in 1997, and both would have changed Britain for ever - and for the better.
After years of all the world's sentient beings talking about how badly the single currency has fared, Mr Williams is still of the opinion that it would have been good had Britain joined. He is not alone:
AntonVDH Not joining the Euro is going to look like a bad move before much longer. The dollar is about to crash big time, not a question of if but when and who it drags down with it.
Anton seems to believe that we have pegged our currency to the dollar. Either that or he thinks that we should stop trading with the USA, because its dangerous.
Of course the UK should join the euro and as soon as possible. The opposition comes from the banks, who make huge amounts of money out of charging people to exchange money
My game is up, I have been rumbled. My real name is HSBC. The fact that ordinary people might have an opinion is completely discounted.

Their only arguments are conspiracy and scare tactics, and yet they wish to make irreparable changes to our nation and we should shut up and take it. After all we are demonstrably stupid. We disagree with them.

If any of these enlightened souls should happen across this humble blog, the real argument against the Euro is simple.

An economy is best served by interest rates that reflect the reality at that moment, not the average of a dozen or so starkly different economies. Only a national currency can achieve that. The Pound will go up and down against the Euro and other currencies. This is as natural as the sea going up and down with the tides. As long as it reflects the underlying economy, fighting against it is as pointless as Canute's stand against the tide. An unnaturally low interest rate is just as undesirable as an unnaturally high one. So by keeping our currency we maximise our chances of achieving good economic governance.

Oh and above all, The Euro is a political project not an economic one. So don't try and use economic arguments to justify it.

7 comments:

james higham said...

...An economy is best served by interest rates that reflect the reality at that moment, not the average of a dozen or so starkly different economies...

Unless that economy has already been subordinated to benelux tyranny and does not and can never again act independently.

groupthink enforcement squad said...

If you disagree with us you have false consciousness and are obviously mad. You should be packed off to the loony bin before your ideas reach the masses.

David Webster said...

"You should be packed off to the loony bin before your ideas reach the masses."

Too late. They already have. Interesting that false consciousness is actually a marxist theory.

"Despite the fact that the pound is enjoying prosperity at the moment..." This is great. The pound is consistently doing better than the euro, yet these people still spin the pound as the greatest disaster of the last 10 years.

groupthink enforcement squad said...

Heresy! Heresy! Off to the bin with you. There's drugs there that can help you see the light. It's for your own good: In the end you will realise that you love Big Euro.

Prodicus said...

A currency is only strong if the people of the currency area support it. The majority of the people of the Euro zone do not support the Euro. They hate it and wish it to perdition. Drop into any bar in France or Italy or Germany and ask them. Oh - I just realised... politicians don't drink in the same pubs as the people they rule. So obviously they won't know what everyone else knows. The real strains caused by the Euro are being borne by millions of people with no voice in Stalinism-lite Europe. It is a dangerous political-vanity game of which the consequences have yet to be seen.

Serf said...

The majority of the people of the Euro zone do not support the Euro.

Ooooohhh, the heresy gets worse. They will be after all of us if we keep this up.

UK Daily Pundit said...

Good to have you back, Serf. You have been missed.