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Topic	How can we demand the end of currency conversion fees?
Raddest_Chad 01/21/21 4:19:09 AM #14:	Zeus posted... There are all kinds of obvious logistical issues with that idea. It actually makes things so much harder for nations and governments. The best example we can see of this is Italy dropping the lira in favour of the euro. The way they would shift the lira around to stabilize the economy was ended when they adopted a shared currency because they had basically no control over it and they've been having issues since. Not to say none existed prior, but it made it more challenging for them to swiftly adapt in a way that had worked in the past. <cite>Raddest_Chad posted [p:949742975] in How can we... [t:79250649]...</cite> <quote>Zeus posted... </cite> <quote>There are all kinds of obvious logistical issues with that idea. It actually makes things so much harder for nations and governments.</quote>The best example we can see of this is Italy dropping the lira in favour of the euro. The way they would shift the lira around to stabilize the economy was ended when they adopted a shared currency because they had basically no control over it and they've been having issues since. Not to say none existed prior, but it made it more challenging for them to swiftly adapt in a way that had worked in the past. </quote> ... Copied to Clipboard!
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