bookmark_borderHigh time to join the euro

When I moved to Scotland five years ago, all the newspapers were full of stuff about whether the UK should replace the pound with the euro, but nobody seems to mention it any more.

I have the feeling people are quietly feeling happy and smug that the UK didn’t join, but I really don’t understand it.

The interest rate in the Eurozone is 3.75% at the moment, while it in the UK is 5.25% and about to rise. Ever since the euro was introduced eight years ago, the highest the euro interest rate has gone is 4.75%, so it’s definitely not just a temporary glitch.

The pound seems to follow the exchange rate of the euro quite closely, so the higher interest rate is not compensated for by a more export-oriented exchange rate.

Why not just ditch the pound and get cheaper mortgages?

Alas, Gordon Brown is no friend of the euro, and I wouldn’t bet the Tories introducing it, either, so I fear its introduction is at least a decade away. 🙁

bookmark_borderIf we hadn’t abolished the gold standard

My recent posting about the gold standard was perhaps a bit theoretical. I’ve now tried to work out exactly what the pound, the Scandinavian crown and the American dollar would have been worth today if they had still followed the link to the price of gold:

Gold standard Modern pound Modern Danish crown
1£ (pound) £87.32 DKK 953.50
1s (shilling) = 1/20 £ £4.37 DKK 47.75
1d (penny) = 1/12 s £0.36

DKK 4.00
1g (guinea) = 1£ 1s £91.69 DKK 1001.25
1 crown = 5s £21.83 DKK 238.50
sixpence = 6d £2.18 DKK 23.75
1 farthing = 1/4d £0.09 DKK 1.00
1 Scandinavian crown £4.41 DKK 48.00
1 Scandinavian øre £0.04 DKK 0.50
1 American dollar £16.45 DKK 179.50
1 American cent £0.16 DKK 1.75

In other words, a PlayStation 3 would have sold for 4£ 17s 4d in Victorian times. 😉

bookmark_borderSvensk for danskere


swedish flag proportions
Originally uploaded by georgeaye.

Jeg ser i JP, at mange danskere nu er begyndt at lære svensk.

Det glæder mig, at illusionen om, at danskere og svenskere (og nordmænd) bare kan tale deres modersmål og forvente at blive forstået, er ved at forsvinde.

I min gymnasietid skulle vi læse en bog på norsk (et Ibsen-skuespil) og en på svensk (Fröken Julie af Strindberg), og vores lærer brugte måske en halv time på at lære os svensk, men det var jo slet ikke nok til at gøre det sprog forståeligt for os jyder. Konsekvensen af denne sproglige strudsepolitik er, at unge skandinavere i dag i meget høj grad taler engelsk sammen.

Jeg håber derfor, sprogskoletilstrømningen vil føre til, at norsk og svensk til blive taget seriøst som obligatoriske fremmedsprog i skoler og gymnasier fremover.

bookmark_borderRepublik nu!

Så fik Danmark endnu en prinsesse.

Hun ser da meget sød ud, men hun ligner da mest af alt en helt normal baby, hvad hun da naturligvis også er.

Men et normalt liv kan hun jo aldrig få, og da slet ikke, hvis hendes storebror skulle komme noget til.

Tiden er i den grad løbet fra monarkiet. Det strider mod alle demokratiske principper om lighed, frihed og broderskab, og jeg fatter ikke, befolkningen (for slet ikke at tale om kongehuset) finder sig i det.

Støt kampen for republikkens indførelse på Jeppes hjemmeside for danske republikanere!