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Are currency unions, e.g., the EU, a good idea? How 'bout a universal currency? Would it ever work out in the future?

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The obvious benefit is free trade and uniformity is exchange rates. That second point is also one of the leading drawbacks of a union, the inability for an individual economy to adjust their currency when economic conditions warrant it--think Greece not being able to devalue out of the recent crisis. My guess is it wouldn't work based on the above Greece example.

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EU =/= Eurozone

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Yea Bitcoin bro

^Lite coin bro

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