| this bloody currency called 'Euro' Posted: 6/25/2007 2:41:18 PM |
What was 2 shillings and sixpence (12 1/2p) went to 26p.
I thought 2s 6d was 30 old pennies and that became 12 1/2 New Pence
The problem was people were paying 30 new pence which was six shillings old money for the same thing | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 3:24:08 PM | i for one dont want the euro - the first thing that will happen is we all get diddled by the exchange rate - look at Ireland, a friend of mine says one day a loaf of bread cost 80p, the next day it was the equivalent of £1.20
i hate the european union, holidays in spain are way too expensive now! its the same price for beer as it is down my local :(
mark | |
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-Hams-
| Joined: 10/30/2006 Msg: 28 | |
| this bloody currency called 'Euro' Posted: 6/25/2007 3:32:11 PM | Msg 1..Pedro,its a bit late to start complaining now as the Spanish people had a referendom on the single currency and voted overwhelmingly in favour of it...
Dont presume that this is the same road that this country will take.... The government wouldnt dare to introduce the Euro here through the back door and they know if a vote was held here in the future a large majority would say no to it. | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 3:40:20 PM | There was an opportunity for us to take on the euro if it had passed el Gordo's five tests but now that time is long gone the monetary upheaval would be too much for any political leader to even attempt. But who wants it Big Business so that it can make bigger profits the tourist to save pence on currency transactions although if we took the euro on the price of things on a european holiday would undoubtedly rise. Also consider all of the people employed within the wrinkles of the two currencies the girl in the Cambio/ Wechesel/ change /Bureau . One thing to rmember from Spain. when the Euro was taken what happend to all of that dinero Negre Black money or mattress money? It was all turned into pounds or dollars by those who wanted to protect themselves. But the main thing to stay independant. when we are all same within europe where will all the industry and businesses move to the centre perhaps? eg Germany France and the czech republic? I wonder what will happen to all those outlying Euro regions or is it already happening? | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 3:46:49 PM | A single currency makes perfect sense to me.
Unless you like paying commission to the banks whenever you want to go abroad. Or unless you want to make it more diffficult and expensive for UK business's to deal with overseas partners.
Price hikes by the retailers aren't the fault of the Euro. They are the fault of retailers who saw an opportunity. | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 3:52:08 PM | Mmmmm .....my experience of the Euro!!!
I found when I went to the Algarve I was able to do all my Zara shopping as the prices were the same in numbers as over here but the difference having a £ in England made the clothes so much cheaper in Euros... in fact, I was able to visit 3 times last year with the savings I made! | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 4:27:24 PM | My ex brother in law lives in Ireland he asked my eldest to iron a pair of trousers and a shirt...he offered her 50 euro LOL...of course she took it...he thought that was cheap!!!She was one happy girl haha... Spending so much time in Spain I dont find it to hard to convert to euros...A lot of stuff is the same price as England except the drink and fags...but give it time.... | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 4:41:39 PM | | does anyone really believe that if politicians thought they could get away with it they wouldnt push the euro through. The only reason they are not doing it right now is that we are doing quite well by not using the euro, but if that situation changes, bye bye pound, queen or no queen. | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 6:27:06 PM | It's not really the Euro that makes things go up. In countries like Canada, the US and Australia things have gone up all crazy like and where they haben't the packages have become smaller. The shrp rise in the peice of fuel is mostly behind this.
4 years ago the Euro and the USD were at par. Now the Euro is worth 1.50 USD. It's the worls strogest currency right now. | |
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| this bloody currency called 'Euro' Posted: 6/25/2007 11:37:27 PM | ^^^^^^^^^ I never knew that.
See, you come on the forums and learn something new everyday.
I thought it was the Pound: with the dollar being about 1.95 to the pound I assume we were stronger than the Euro. Mind you, I don't understand the monetary system. All I know is that Europe wanted Britain to change to the Euro so that we could prop up Germany's economy - or thats how I read it. | |
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| this bloody currency called 'Euro' Posted: 6/26/2007 1:50:21 AM | Trying to figure out what the USA and Canada has to do with this?? My daughter lives in the USA and trust me prices have not risen that much of late.
Go and check prices on internet shopping sites, then work out the difference I am sure you will see the raise showing there. | |
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| this bloody currency called 'Euro' Posted: 6/26/2007 12:20:18 PM | at maddie 47,
once you come here, be careful about your own British fellows, it is mainly them who will try to charge you a higher price than the real one.
this part of Spain ( the Mediterranean coast) is full of British people and many of them have set up lots of businesses (pubs, restaurants, plumbers, electricians, building and reforms companies, carpenters, gardens or pools maintenance, etccccccc).
i know what i talk about, Brits who live permanently over here DO know that Brits who come here only to holiday have plenty of money so it is them who will try to charge you more money, for Brits usually ring an English plumber/electrician/builder when having a problem.
there are 5000 Brits registered it my town (the whole population is 35000) so you clearly see that Brits are around us everywhere. in fact i used to teach Spanish language and have got good English friends. and believe me, if you lived here you would find lots of Brits blaming more Brits than Spaniards.
at fierce fish,
Spain being a small country? then do we talk about the tiny England? by the way, do not be so arrogant! NOT everyone knows your Sterling Pound, in fact some people would think you are talking about weight
now seriuosly, if Euro is for sheeps as you say, then Britain will join the sheeps after some years time.
and yes your Queen is an useless person who has no word in the European Union, we are ruled (including yourself) by those bloody European Ministers and/or European Parliament.
at Princess leigh,
your posts are perhaps the only ones making sense (together with mine).
finally, my intention is to blame the Euro currency and the EU (as i hate both) but some people have spouted crAp, insisting that i hate and slag off Britain, and that is a great lie! remember that the Euro is the enemy and not me | |
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| this bloody currency called 'Euro' Posted: 6/26/2007 12:56:24 PM | "at Princess leigh,
your posts are perhaps the only ones making sense (together with mine)."
Msg. 40 I beg to differ, I know I have contributed to this thread with an excellent post as have others. Ye are the one who is arrogant  | |
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| this bloody currency called 'Euro' Posted: 6/27/2007 12:06:42 PM | Because of what ye wrote in msg 40, the bit that I quoted in msg 41 particularly and going on any of the stuff ye write on most of yer posts, my assertion that ye are arrogant is spot on.
Ye look a lot like a long haired youthful John Travolta with those shades on and the rest. | |
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| this bloody currency called 'Euro' Posted: 6/27/2007 12:58:31 PM | please buy a pair of looking glasses!
i look like Pedro Meca Garcia, born in Cartagena ( southeast of Spain) raised and living in Puerto Mazarron (32 kilometres far from where i was born)
even a blind football referee has better eyes that thee! | |
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| this bloody currency called 'Euro' Posted: 11/30/2008 1:43:07 PM | | I believe it is inevitable that we will move to Euro at some point for the same reasons Senor and Resless Native said earlier. Probably when it becomes stronger than the pound, which isn't far off if recent performance is anything to go by we will welcome it. Less Euros for my holiday pound every year steadily almost since it came in. | |
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| this bloody currency called 'Euro' Posted: 11/30/2008 1:47:54 PM | Aren't things in a lot of shops priced in euros and pounds in the shops, can you chose what to pay in?
Bring back the groat! In my youth you could buy a cow, two pints of ale, a bowl of gruel, and still have change to put in the collection plate on Sunday. God bless the queen. | |
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| this bloody currency called 'Euro' Posted: 11/30/2008 2:11:53 PM | I visit the Republic of Ireland quite a lot and the stuff about retailers ripping off the public at the time of changeover is very true. The two other things about the Euro I dont like is there is very little difference between the size of the coins, very difficult to make out the difference between the 10 20 and 50 cent coins without closely examining them (kinda awkward at a busy checkout) and the pointlessly low value 1 and 2 cent coins filling up ones pockers with useless rubbish (the British 1 and 2p coins are bad enough). If they did away with the 1/2 cent cound and changed the 20 cent and 1 euro coins to the same shape as used by the British 50p it would be far better.
That said all these stupid ridiculous arguments that we would somehow loose our identity and culture If we joined the euro make me inclined to support us joining ASAP.
In the long term (15-20 years) I think Britain will join although I quite like the monster raving loony party policy on it. They reckon Britain should never under any circumstances join the Euro but that we should invite the rest of Europe to join the pound  | |
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AlmaM
| Joined: 3/20/2008 Msg: 46 | |
| this bloody currency called 'Euro' Posted: 11/30/2008 2:14:27 PM | Pound to Euro = estimated 1.2
Last year it was 1.4
Few yeaer ago was 1.5
So pound is not doing well towards EURO is it?
I am not sure what OP is complaining about, the economic crises are currently all around the world.. and years back how many pounds he would get for a pessos
And the wages are better in EUROS than in pounds at the moment | |
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| this bloody currency called 'Euro' Posted: 11/30/2008 3:21:15 PM | Has no one ever wondered why Americans pay so little for their petrol?
No?
Then let me explain why and what the hell this has to do with the Euro.
Way back in 1973 Pres Nixon signed a deal with Saudi Arabia to sell their oil for dollars instead of their own currency......for which, the US pledged to make the leaders very wealthy and guaranteed their security.
This worked very well for the USA because if they wanted oil they just printed off the dollars to purchase it.....they needed nothing of value.....basically, the oil is free.....This is why it's not worth while for the US to produce its own oil, that would cost them real assets.
'Ah, but wouldn't that lead to the dollars value to crash and hyperinflation?' I hear you say.......well that's the truely cunning part of the plan.
Because all nations now have to buy and sell oil for dollars they have to keep a reserve of said dollars tucked away in their vaults, absorbing huge amounts of these dollars. Not only that, most of these dollars goes to OPEC who trade at the oil exchange in New York and deposit their funds in US banks.....The Petro Dollar cycle.
This is the dirty little secret that ALL world leaders know about but most don't wish to upset the apple cart because the dollars value is paramount to lubricate the wheels of the worldwide economy.
This was the reason behind the formation of the EU whose ultimate goal is to have a single currency to directly compete with the almighty dollar.
In 2000, Suddam started selling Iraqi oil for Euros........Now if more countries did the same, they would offload their dollars causing its value to crash which would mean the whole world would follow suit and buy oil in Euros.....Suddams real weapon of mass distruction  America would become a third world nation over night and the EU would be the new top dog, where oil costs peanuts.
The reason why we never joined the Euro is because the Bank of England is closely tied to the American Federal reserve and we'd be pretty buggered too if America were to fold.. | |
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AlmaM
| Joined: 3/20/2008 Msg: 49 | |
| this bloody currency called 'Euro' Posted: 11/30/2008 3:28:16 PM | Oh thanks MrGoodMan2, you read my mind, I was just going to say the same thing..
Sale of oil in EUROs is a real threat to US economy .. not sure if true but I heard more and more countries started selling in EUROs like Venezuela and Iran.. with Iran not being so large producer but having some kind of influence on Iraq's decisions
And another thing of course is when a country wishes to purchase oil in EUROs then they would need to have reserve of EUROs, not any more reserve of Dollars
Heard somewhere that China is building huge reserves of Euros for this case.. | |
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AlmaM
| Joined: 3/20/2008 Msg: 50 | |
| this bloody currency called 'Euro' Posted: 11/30/2008 4:05:14 PM | to answer the questions 'says who?' here is the very new article from BBC - actually it is from today:
Sunday, 30 November 2008
UK 'closer' to adopting the euro
Mr Barroso has been told by British politicians they now favour the euro
The UK is "closer than ever before" to joining the euro, according to the president of the European Commission, Jose Manuel Barroso.
Speaking on a French radio show, he said British politicians were considering the move because of the effects of the global credit crunch.
In the same interview, Mr Barroso also forecast that interest rates will drop in Europe.
However Downing Street said its position on the euro remained the same.
Mr Barroso acknowledged "the majority" of British people continued to oppose joining the eurozone.
But he said the recent economic uncertainty had made the currency a far more attractive option.
Confidential conversations
In the RTL radio/LCI television broadcast, the former prime minister of Portugal said: "We are now closer than ever before.
"I'm not going to break the confidentiality of certain conversations, but some British politicians have already told me, 'If we had the euro, we would have been better off'. "
He said that the current poor economic situation had emphasised the importance of the euro and the UK but added he believed a move would not take place in the immediate future.
"I know that the majority in Britain are still opposed, but there is a period of consideration under way and the people who matter in Britain are currently thinking about it", he said.
The value of sterling compared with other currencies has fallen during the credit crunch, and the UK government has had to spend massively in recent months to try to support the economy.
'Awaiting decisions'
During the interview, Mr Barroso highlighted the situation in Denmark - an EU state that voted against joining the eurozone in 2000, but is now considering holding a new referendum on the single currency.
A Downing Street spokesman said: "We have no comment on this. Our position on the euro is the same - it has not changed."
Mr Barroso also said he expected the European Central Bank (ECB) to make a clear move to cut interest rates next week.
He said the conditions were right for a fall, but did not give further details adding: "I am awaiting decisions from the European Central Bank that go in this direction."
Jean-Claude Trichet, president of the ECB, has said that the bank could cut rates in the coming week as long as there is evidence that inflation pressures have eased.
The European Union has called for a 200bn euro boost across Europe to help stimulate an economic recovery. http://news.bbc.co.uk/1/hi/business/7757830.stm
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So it looks to me that UK has been blackmailed in a way to join EURO due to the economy crisis but also for some reason it makes me think this would need to change the type of the capitalism currently running in UK .. which would obviously be closer to old European style of capitalism then US type and which would be better for workers than for the employers .. but this is just my instinct haha | |
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