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Originally Posted by John Smiths
Exactly, the interest rates would be decided by a bank outside of the UK, probably in Germany and they are going to set the rates to suit the Germans...
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each of the countrys in the world have very diffarent financial needs, some need to control inflation, some need to bolster spending, some want to keep interest rates minimal, this is not a one size fits all world even if it means a single currency is to be established it just does not seem logical
