Monday, January 2, 2012

Euro celebrates its 10th anniversary while lying in a death bed

On January 1st of 2012, the wonderous fiat currency creation known as the Euro celebrated its 10th anniversary.  While most purely fiat currencies in history have a life cycle of 40 years, this one, because of its lack of national hegemony, appears fated to not see its 11th birthday, or at best, be relegated to the fate of hyperinflation to stave off inevitable devaluation.

However, the EU, like most political organizations, must rely on propoganda to keep itself, and its ill-fated currency in power.  So enjoy the happy happy joy joy presentation of the 10th anniversary of the Euro.


Courtesy of ECBEuro

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