It seems to me that regardless of whether you are talking of euros or dollars, pounds or pence, the common factor is a debt based banking system that has been in use for three centuries, and the banksters who foment war, while lending money to both sides, both for the war and the rebuilding afterwards.

It strikes me as insane that any truly sovereign nation would borrow it's own currency from private banks, at compound interest.

As soon as you are collecting taxes to pay interest each year, it is a downward spiral.

It doesn’t pay any debt down.
It doen't pay for any social programs.

Because the interest was never created to pay on the original loans, the interest must be borrowed, at interest.

The interest becomes an increasingly large proportion of the outstanding debt, and the only final payment is in hard assets (like government (the peoples) assets or your house).

Until there is a return to sound currency, the 'business cycle' will continue.

As for what sound currency is, well, we know that debt based currency doesn't work for most, and that leaves money created by the people (gov) and spent into circulation, as was done in federally in Canada from 1938 until ~1974, or asset backed currency. The debate rages on, however, the reality is probably both could be in use simultaneously.

There are politicians and banksters that understood, as the quotes below indicate.

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"Once a nation parts with the control of its currency and credit,
it matters not who makes the nations laws.
Usury, once in control, will wreck any nation.
Until the control of the issue of currency and credit
is restored to government and recognized as its most sacred
responsibility, all talk of the sovereignty of parliament and
of democracy is idle and futile."

William_Lyon_Mackenzie_King
(1874-1950) Prime Minister of Canada

-

“Banking was conceived in iniquity and was born in sin.
The Bankers own the earth.
Take it away from them,
but leave them the power to create deposits,
and with the flick of the pen they will
create enough deposits to buy it back again.
However, take it away from them, and
all the great fortunes like mine
will disappear and they ought to disappear, for
this would be a happier and better world to live in.
But, if you wish to remain the slaves of Bankers
and pay the cost of your own slavery,
let them continue to create deposits.”

Sir Josiah Stamp
(1880-1941) President of the Bank of England in the 1920’s
speaking at the University of Texas in 1927.