Tag: Euro

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Technology

More Fun With QR Codes

€5, though you'd hardly know it

I’ve been looking out for people using these things in unexpected ways – and finding surprisingly few. There’s this fairly effective decorative example. Or this portrait made up of thousands, each of which is a link to a video. Or the guy who proposed via code – God would he have looked like a loser if she hadn’t accepted. But I think the prize goes to the Netherlands, which to celebrate the 100th anniversary of its royal mint is circulating €5 and €10 coins with codes on them that link to a *surprise*.

I’ll save you the trouble of pointing a phone at the screen (yes, that works), it goes here. Though to be honest, the surprise isn’t all that.

But the coins are kind of funky, even if they’re not really Euros in that they aren’t legal tender outside the Netherlands. (Perhaps just as well. How would you react to finding that weirdly realistic image of Queen Beatrix in your change?) And even at home, the €10 ones won’t be seeing a lot of circulation. Made of gold, they’re worth more than their face value.

Naturally there was a brief insta-panic about having ‘tracking codes’ on money that might secretly be scanned by vending machines, etc. But as every coin has the same code, all it actually tells you is that €5 has been spent. Which, let’s face it, you probably knew already. So it’s a rather pointless and gimmicky application of the technology really. Now if all the coins had a different one you could have some fun. Prizes maybe. Or say one in ten thousand links to a really fierce porn site.

Just one thing still bothers me. If the Dutch Royal Mint is only a hundred years old, what the hell did they use for money before?

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Politics

The 360° Revolution

360 CartoonIt is finally, officially, over. And no more damning political verdict has ever been rendered in the history of this or many another country. Even the pro-union vote in 1918 was larger. It’s shocking that they got seventeen percent, that thousands were still ready to put their party before their country. This kind of unthinking loyalty is like a set of shackles on Irish politics. But perhaps it is broken now.

So I am torn between expressing relief at having thrown off the worse government we have ever had, and lamenting the fact that we have given a mandate to a party whose ideology and economic approach are so similar that it takes at least an hour to explain to interested foreigners why they are separate parties at all. It is a hell of an anticlimax, and frankly I am a little depressed. (Though the fact that I got about one night’s worth of sleep during the whole count probably isn’t helping there.) Was all that anger just for this, all that upheaval to deliver no change? Have we had a 360 degree revolution?

There is only one real advantage. The new administration will not have been busy sharing the good times with the rich and the powerful – well, not for fourteen years anyway. This will make them somewhat more disinterested and honest. But it’s not as if they’re chosen from a whole other class of innocent outsiders. Their interests are not the interests of the average person, and certainly not the interests of the poorer person. For Christ’s sake, the chairman of Anglo Irish is a former leader of Fine Gael. Didn’t anybody think that might be a bit of a bad sign?

But Kenny must get his one hundred days or whatever is the suitably polite interval, his chance to come up with a brilliant solution to escape the chains the last government left us in. Can he?

No. Sure he’s going to renegotiate the bailout deal. But by that he means begging for a slightly lower interest rate. That is not a negotiating position. A slightly lower interest rate on a debt we will never be able to pay back anyway, that is going to crush our economy back to 1940s levels? That is not an improvement of the situation. It’s an avoidance of reality.

What would I say to a meeting of Eurozone heads of state? What would you say?

“We cannot afford to borrow money to pay debts unjustly created for us by a previous, corrupt government. Indeed we cannot afford to borrow enough money for even the minimum necessary level of public expenditure, at this or any interest rate. Therefore we will pay ourselves in our own currency. In other words, we’re leaving the euro. This will be painful for us, what with soaring import prices, but the euro will almost certainly collapse so it will be even more painful for you. Sorry, but it’s that or we sacrifice the health, future, lives of our people in order to reward the selfish and greedy actions of a ludicrously wealthy banking industry.”

That is a negotiating position.

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