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General (General discussion, talk about anything.)
Started by: tonker (27964)
The EU value of the € is the same now as it was when it was fixed in 1998. It can't change. It was based on the value of each currency, against each other, at the time
1€ is worth 1€ in any using country.
And it wasn't based on the Deutschmark.
Example:
If you gave 19 people £1,000 each, after 23 months their total would be £38,000.
But some of the 19 people would have nothing left and some would have doubled their money. One might have £10,000, a couple might have £7,500 and a few would have £2,500.
Then, those who made most money would have to support those who'd pissed it all up against a wall.
And that's the way it is.
Replied: 31st Aug 2021 at 01:00