| Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
| Quote: | |  | | | Well as I'm sure you know, it's very hard to prove these things unequivocally as there's so many other factors involved. There's books that have been written on the subject which you can go and read. Either you can think the Euro has had a huge influence on eurozone economies or it hasn't. (It has)
You're wrong about monetary policy, being able to set interest rates is an important part of running an economy. This is the fundamental problem of the eurozone, how to set the right interest rate for a currency in use by 19 separate economies? And even if you don't think monetary policy is an important tool, Fiscal policy also is limited by countries that are a member of the euro as Italy are currently learning through the EU rejection of their budget. | | | | | " it's very hard to prove these things unequivocally" But nevertheless you quote them as facts  |