Letter: No avoiding the euro
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Sir: Why are we allowing MPs to run the euro debate? What they mean by sovereignty is that having removed layer upon layer of local government, with which many of us felt reasonably comfortable, they are now realising that it is their turn. Will they, as a final act of defiance, try to damage the introduction of the euro?
That business in Europe and a great deal of world trade will be conducted in the euro is inevitable. That the majority of British-based businesses will turn to it is certain. That employees will put their savings and pensions into the euro instead of a declining pound will be prudent. That more and more business will be conducted electronically in one of the three major trading currencies is unstoppable.
The sensible approach is to acknowledge the inevitable and get ourselves into the driving seat.
ROBERT PRENDERGAST
Beckenham, Kent
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments