God knows I see those troubles, _too_. What were getting with an independent currency is that _aaand_ a structurally higher inflation rate. I'd rather the seðlabanki peeps hands were tied!

denlillaapan

The strongest argument is probably the euro -- a shitty enough centralizing money, but it's in many ways preferable to an even shittier, high-inflation regime króna

Oof. As proponent of freedom, I personally would find "getting the Euro" the weakest argument.

There's way too much momentum in the EU to push through their CBDC, including controls as outlined by the BIS no less.

Add to that the push for digital IDs, plus recently passed/activated laws around more extensive mandated bank reporting on financial transactions and assets, and it's not a terribly far stretch to see this going towards rigid capital controls and centrally controlled, nudge-theory inspired efforts to steer consumer spending and saving.

Politics_And_Law

econ

From the Snowy North, the EU and the Euro Beckons (The Economist)

> The strongest argument is probably the euro -- a shitty enough centralizing money, but it's in many ways preferable to an even shittier, high-inflation regime króna

Oof. As proponent of freedom, I personally would find "getting the Euro" the weakest argument.

There's way too much momentum in the EU to push through their CBDC, including controls as outlined by the BIS no less. 

Add to that the push for digital IDs, plus recently passed/activated laws around more extensive mandated bank reporting on financial transactions and assets, and it's not a terribly far stretch to see this going towards rigid capital controls and centrally controlled, nudge-theory inspired efforts to steer consumer spending and saving.