The Pound is good... for one it insulates the UK from financial decisions made by unknown unelected technicrats in Europe. Each country has a unique financial profile. To have decisions made in an office in the corner of the Bundesbank that equally affects two dozen completely different economies is crass stupidity. You cannot compare a farmer in Italy with one in Germany, or with one in Ireland. What might be good for one, hurts another. When I was in Italy last week, of all things, I found the Ferrari factory was still doing all their calculations in Lire and then converting to Euro's. National currencies are not dead... they're just hiding...