By submitting to a common currency, the countries would lose considerable autonomy in the management of the currency itself, including the setting of interest rates.
Yet it is only since the 1990s that the term "tactical frivolity" has gained common currency for describing the use of humour in opposing perceived political injustice.
This yielded large, systematic differences from the common method of using only international exchange rates to convert national products to a common currency.
After the adoption of the euro, policy changed to linking currencies of countries outside the eurozone to the euro (having the common currency as a central point).
