The next step for the single currency will be for world commodity prices to be fixed in euros rather than dollars, a development that would also strengthen the arguments for UK membership. At present, manufacturers in Britain and, indeed, the eurozone are hostages to fluctuations in the US economy that have nothing to do with our suppliers or our own economy. Having world commodity prices fixed in euros would transfer the US’s current economic advantage to Europe.
You do know that this is entirely irrelevant, don’t you? That it makes not a jot nor tittle of difference what currency people use to trade commodities, don’t you?
Or are you really this deeply ignorant?
Woth reading Martin Wolf on this issue.
Yes, Corbett really is that ignorant.