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Originally Posted by winston53660  Would there be any advantage for pensioners if the UK were to take part in the Euro? |
Not sure about that. I suppose it would largely depend, in the short run, on price effects. There is some confusion over them. As an example of the available analysis, see this
paper
We've always lagged behind our European cousins with poverty. I'd tend to support the notion that this reflects an Anglo-Saxon effect, where higher poverty rates are tolerated within a neoliberal economic environment. Perhaps economic integration would reduce this effect