UncleMonty wrote:I hope we never get as crazy as the European Union and try to combine our currencies.
Ah, but all we'd have to do is decide which value to use, as Canada already uses a dollar / cent system.
Of course, Panama already uses the Balboa, which is really the U.S. dollar. Made to match in value, too, IIRC.
I occasionally get a Canadian coin that made its way to me. Recently I cashed them all in during a trip to a con in Ottawa.
Deciding which unit of currency to use is the easy part. Combining the currencies of two nations means combining their economies, which means combining their social and governmental standards as well. If one nation's economy is strong while another's is weak, the strong economy must either subsidize or overwhelm the weak one. If they succeed in combining into one economy, I expect the European Union to become one single nation in time. One single -poor- nation, full of civil wars, and ripe for the rise of another tyrant.