punt or euro

Celly Smunt

so if tomorrow there was a vote that you could have the punt back or stick with the euro which one would you pick

NothingMan

Doubloons!!!

K-9

Worth a punt I suppose.

Dravokivich

It doesn't matter which currency we use, we'll still get ripped off. The price we're paying won't look that much...

artanevilla

Wouldn't make a difference as I wouldn't have any of either.

Sykk

Anyone remember this from the cadbury's add?

"Daddy, what's a euro".. "Agh I dnooo"

starbelgrade

Where's the puntero option?

Tabnabs

The Irish pound?

danniemcq

Quids ftw

bluto63

Let's steal the Lira, trade with that before the Italians want it back

WindSock

Punt. Looks and feels nicer, also the ability to devalue it would help de economeh.

WindSock

Sykk wrote: »

Anyone remember this from the cadbury's add?

Love that ad. A Punt for anyone who can find it

Anthony Walsh

Fiat Punto not Fiat Euro

starbelgrade

I think we should have the British Pound. It would bring us a little step forward to re-uniting Ireland to the UK.

neil_hosey

http://www.thomas-thaerigen.de/images/thowww6a.jpg

milly4ever

bring back the puuuunt

some_dose

starbelgrade wrote: »

I think we should have the British Pound. It would bring us a little step forward to re-uniting Ireland to the UK.

Must........not..........feed..........troll..........

Adamisconfused

It might be economic madness to base a decision on this, but the punt was much better looking money. I remember going into shops back in the day with a single pound in my pocket and walking out with two litres of milk, a choc ice, a loaf of bread and a small box of washing powder. I didn't pay for any of that stuff, but it still felt like real money back then.

starbelgrade

Irish money was sh*te.... well, the coins anyway - they were far too big & made little sense... a 5p piece was the smallest, there were two different sizes of 10p, one of them was smaller than the 2p piece & a 1p piece was almost as big as the smaller 10p piece.

I liked the design of the 50p piece, but the Punt was always worth f*ck all when you went to exchange money to go anywhere. The Euro is a lot handier.

Killer Pigeon

An Seamróg!!

1 Seamróg = €1.75

Symbol: http://tinyurl.com/33qoask

super_furry

Which one buys me more beer?

Sykk

WindSock wrote: »

Love that ad. A Punt for anyone who can find it

Seems it doesn't exist!

eightyfish

have euro will travel

cleremy jarkson

If we went back to the punt, it would likely become viewed internationally as a weak currency.
And our external debt needs to be paid off in terms of euro's.
So, if we reverted back to the punt, we would have to spend much more money in paying back our debts than if we stick with the euro.

When we have our debts fully, or almost fully, paid back then I would like to see us get the punt back. As somebody said, it's good to be able to devalue our currency to make ourselves more competitive (although poorer) overnight.

I like not having to exchange currency everytime I travel within the eurozone

bonerm

Bring back the punt!

The Irish currency was stronger than the Euro! Not economically, I mean it was physically stronger! You wouldn't see the classic Irish five pound note crumbling into something resembling used tissue the way you do today with the current pathetic five euro note. :mad:

dlofnep

Euro is handier for travelling.

But I miss the old one punt note, where you could go up to the shop and actually buy the shop and every person in it.

Thomas828

Euro for me. Maybe I'm being unpatriotic but the punt is in the past. To revive it makes no social or economic sense.

Ghall

Don't think it would make any difference, prices would still be too high in punts or euros!

Nailz

Punt, it reminds me of the time when Ireland was a better more friendly and down to Earth country...

Dubh Geannain

Where the option for Lenny Penny's?

fontanalis

Nailz wrote: »

Punt, it reminds me of the time when Ireland was a better more friendly and down to Earth country...

Was still an economic basket case though.

fontanalis

WindSock wrote: »

Punt. Looks and feels nicer, also the ability to devalue it would help de economeh.

How?

Nailz

fontanalis wrote: »

Was still an economic basket case though.

So ****ing what? People were happy then. Money destroyed Ireland's mentality.

johnmcdnl

I'd like the 50p coin back but looking back those coins were so big compared to the euro coins.. it's also so much handier for price compassion's etc etc rather than just assuming that the sterling and punt were the same thing as I did when I was a little gosson

SeaFields

euro is so handy for travelling.

You know exactly what your paying....on the downside you know how much you're being ripped off at home.

fontanalis

Nailz wrote: »

So ****ing what? People were happy then. Money destroyed Ireland's mentality.

Really, and the euro caused unhappiness how? Well no one has money now so happiness begins in 10 9 8 7 . .

fontanalis

fontanalis wrote: »

How?

Increased exports, easier to repay debt and increased tourism..

Celly Smunt

Deleted User wrote: »

Increased exports, easier to repay debt and increased tourism..

would it not be harder to pay off the debt with a weaker currency?

NothingMan

pmcmahon wrote: »

would it not be harder to pay off the debt with a weaker currency?

Nah, we can just pull a Zimbabwe. Print off all the money we need and devalue our currency to fúck. We'll all be billionaires, but a litre of milk will cost a trillion punt.

Nailz

fontanalis wrote: »

Really, and the euro caused unhappiness how? Well no one has money now so happiness begins in 10 9 8 7 . .

The Economy grew with the Euro, people got rich, the Economy ****ed up and now we're all miserable ****s because we're too used to having money! We used to be happy being a moderately poor working nation; logic.

I don't know about you, but I'd much rather our peers being happy than us being a economic and political minded country, it's depressing, and if you don't think so than you're just deluded!

ejmaztec

Monopoly Money's the way to go, because I've cornered the market, ya paupers.

Ruu_Old

The worldo or eartha....I mean the Punt!

fontanalis

Nailz wrote: »

The Economy grew with the Euro, people got rich, the Economy ****ed up and now we're all miserable ****s because we're too used to having money! We used to be happy being a moderately poor working nation; logic.

I don't know about you, but I'd much rather our peers being happy than us being a economic and political minded country, it's depressing, and if you don't think so than you're just deluded!

The only difference was more people had money. As for the crash it happened because people are incapable of voting for comeptent politicians.
I'm not sure what that means, it's almost hippyesque. Other countries seem to operate without being overtly economic or political mibed.

pmcmahon

pmcmahon wrote: »

would it not be harder to pay off the debt with a weaker currency?

Governments don't borrow currency, they issue bonds.. Which means they never have to buy other currency to repay it's debts. So it's like getting a euro for the bond and only paying back the equivalent of eighty cent after it's devalued.

I think. It's been a fair while since I studied this..

funk-you

The 1 Punt coin. Simply for the 'frring' noise it made when you dropped it.

-Funk

K-9

Deleted User wrote: »

Increased exports, easier to repay debt and increased tourism..

Dearer imports, harder to repay debt and multi nationals (90% of our exports) will leave.

K-9

Deleted User wrote: »

Governments don't borrow currency, they issue bonds.. Which means they never have to buy other currency to repay it's debts. So it's like getting a euro for the bond and only paying back the equivalent of eighty cent after it's devalued.

I think. It's been a fair while since I studied this..

They'll want the Punt equivalent of the Euro bond amount though.
Bonds like the ones they issued yesterday pay a %, think it was 5% yesterday.

The bondholders want 5% of the Euro amount, not 5% in An Punt Nua.

Nailz

fontanalis wrote: »

The only difference was more people had money.

Exactly, but what I'm saying is (for the 3rd time) it made us think that we really really need money, even though we were as happy as Larry in the days of the punt! So now that we are losing it it's all doom and gloom, if Ireland didn't turn into an economic hotbed in the first place we would be the depressive poor people we think we are now. How often do I have to spell it out!

fontanalis wrote: »

As for the crash it happened because people are incapable of voting for comeptent politicians.

To be quite honest, it wouldn't changed two ****s if had to have voted for someone else, it would be the same or a lot worse, politicians these days don't contribute anything but stupidity these days, so what's the point?

K-9

K-9 wrote: »

Dearer imports, harder to repay debt and multi nationals (90% of our exports) will leave.

Imports dearer means we buy more Irish goods and less money leaves the economy.. Which is good. Exports are what drives production so it's more important. I've explained why debt is cheaper to pay back with a devalued currency and i'm not too sure on the last point.. If they're repatriating profits, it's a bad thing and they might leave. If they're just producing goods, I don't think it matters to them much.

K-9

K-9 wrote: »

They'll want the Punt equivalent of the Euro bond amount though.
Bonds like the ones they issued yesterday pay a %, think it was 5% yesterday.

The bondholders want 5% of the Euro amount, not 5% in An Punt Nua.

What are you talking about? I'm making a point on devalued currency.. Nothing to do with Punt.