Quote:
Originally Posted by Tealeaf
This evening, the pound closed at 1.10 euro. It is not implausible that we will see parity within a few weeks. I don't suppose then it will matter what new notes are printed; all Brown and his chums will do will be to peg the rate at 1:1, let the Euro take over and shift blame for all our economic woes on the Common Market.
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Whatever woeful state the exchange rate happens to be in at any one time, it's a brave government that scraps the pound.
With the economy in tatters and likely to remain unhealthy for a few years now, changing the currency of Great Britain would be suicide for us all. The hidden price hikes during the confusion when we went decimal were bad enough, can you imagine how it would be today?