The Euro - An Exercise In Total Self-Delusion.

DAN ATKINSON: Currency doesn’t need to be our baby in the eurozone

The euro’s inventors argued that scrapping the need for currency markets inside Europe was a great efficiency gain. At enormous cost we have learned that in fact the precise reverse was the case.
http://www.dailymail.co.uk/money/markets/article-2146851/DAN-ATKINSON-Currency-doesn-t-need-baby-eurozone.html