Friday, December 02, 2011

Want to have a run on the Euro?

To go with the excerable video I highlighted yesterday that has since been picked up a few places elsewhere is this pdf press kit (HT @Quarsan )

Not only is it filled with ripe absurdities like this piece of paranoia,
The folder contains open files related to this press kit as well as high- resolution images of euro banknotes and coins, images of people handling cash as well as footage on the production of euro banknotes. This material may be used for publication, but only for reports on the euro. You will be asked to sign the disclaimer to ensure appropriate use of the material.
To this,
The coins... have a European side and a national side, featuring a symbol of the respective country. As such, they subtly help people to identify more closely with the European Union, of which their country forms a part.

The single currency is a symbol of economic and monetary integration. It facilitates business generally and payments for goods and services abroad specifically. The creation of the euro area in a continent as disparate as Europe is a significant achievement.  Over 330 million people now use the euro
Ten years on, the Eurosystem has reaped the practical benefits of having a common currency, notably in terms of the cash cycle and banknote  procurement. The benefits – as well as the lessons learnt from this broad and deep collaboration – will continue to bear fruit in the future.
To this,

Yes, you are being invited to take part in a run on the currency.

1 comment:

Anonymous said...

I didn't think that Euro notes had a national marker on them, other than the number, that shows where they were printed….

Is this something they are planning to do, so that Greek, Italian etc. notes are easy to differentiate from say German ones?

If so, what does this mean… He asked in a sort of nonchalant manner?