Why are failed economies so hell bent on having their own currency?

>eur
Would rather hold venezuelan pesos or whatever the fuck they use

>>1334245
>EUR

nice meme

>€

I'd say that currency looks very unsafe given the rise of nationalist parties.

>>1334250
>>1334273
That's the point guys - not to tie yourself to currency of one country, but let he citizens choose for themselves. There were years when USD was a fucking joke.

>>1334245
>EUR

a currency that won't even exist in 30 years good call

Because the highest power over other people currently lies in owning their financial systems.... kind of a no brainer

File: main-qimg-f885533dbf17a729cf40cb14d78cddfa.jpg (50KB, 485x382px) Image search: [Google]

50KB, 485x382px

>>1334310
You're not going to have much power when people are fed up with your bullshit monetary policy.

>>1334245
They probably keep their people poor on purpose, as a means of control.

Take Zimbabwe for example, Mugabe inflates away the wealth of his people as much as possible. If he would allow them to work and create wealth, his government would have more money as well. Surely they know this.

>>1334345
In the meantime you have leeched big gains to stable economies under your name and your family is set for generations...

>>1334345
>implied value
>implying value

>>1334459
That's a stupid as fuck theory. Compare the North Korean elite with China after they liberalized, all the same people stayed in power positions but just got massively richer. You can control a wealthy nation just as easily and maintain power.