The Euro Is Good For Europe. But

The Evidence Of History Speaks With A Single Voice. I Do Not Know Any Exception To The Proposition That If You Compare Like With Like, The Freer The System, The Better Off The Ordinary Poor People Have Been.

Anybody Who Was Easily Converted Was Not Worth Converting.

In This Day And Age, We Need To Revise The Old Saying To Read, "hell Hath No Fury Like A Bureaucrat Scorned.

A Private Enterprise System Needs Some Measuring Rod, It Needs Something, It Needs Money To Make Its Transactions. You Can't Run A Big Complicated System Through Barter, Through Converting One Commodity Into Another. You Need A Monetary System To Operate. And The Instability In That Monetary System Is Devastating To The Performance Of The Economy.

The Power To Determine The Quantity Of Money... Is Too Important, Too Pervasive, To Be Exercised By A Few People, However Public-spirited, If There Is Any Feasible Alternative. There Is No Need For Such Arbitrary Power... Any System Which Gives So Much Power And So Much Discretion To A Few Men, [so] That Mistakes - Excusable Or Not - Can Have Such Far Reaching Effects, Is A Bad System. It Is A Bad System To Believers In Freedom Just Because It Gives A Few Men Such Power Without Any Effective Check By The Body Politic - This Is The Key Political Argument Against An Independent Central Bank.