Anyone who follows the work of Randall Wray[1] and Bill Mitchell[2] knows this is a terrible idea. Relinquishing sovereignty of your currency (or pegging it to another currency or commodity) only narrows domestic policy space.<p>[1] <a href="http:&#x2F;&#x2F;m.youtube.com&#x2F;watch?v=i35uBVeNp6c" rel="nofollow">http:&#x2F;&#x2F;m.youtube.com&#x2F;watch?v=i35uBVeNp6c</a><p>[2] <a href="http:&#x2F;&#x2F;www.amazon.com&#x2F;Eurozone-Dystopia-Groupthink-Denial-Grand&#x2F;dp&#x2F;1784716650" rel="nofollow">http:&#x2F;&#x2F;www.amazon.com&#x2F;Eurozone-Dystopia-Groupthink-Denial-Gr...</a>