Generate text that refutes this claim: Joining the Euro would reduce the cost of travel in Europe.  Before the arrival of the single currency, holiday makers would spend much money on preparing for the trip, before they had even bought a single souvenir or postcard; “travellers touring this fragmented continent could spend large amounts of their money simply changing it from one currency to another.”1 The loss incurred by currency conversion would be eliminated and accommodation abroad will also be cheaper and easier to book; “Joining the Euro will also make it cheaper to send money around Europe. Sending money to book a holiday cottage in another country with another currency can cost £40. Within Euroland, it would cost less than one Euro - much less than one pound.”2  1Browne, A., 2001, "The Euro: Should Britain Join". page 102  2Browne, A., 2001, "The Euro: Should Britain Join". page 103
conomic policy economy general international europe politics government house
This theory does not transfer to practice successfully. Questions of lifestyle (such as holidays) under the Euro cannot be treated in isolation. Converting to the Euro will have a series of knock –on effects which are all interconnected, affecting and effected by one another. One of these is the inevitability of higher inflation. With increased inflation, there will be increased unemployment; There will be even more British jobless who cannot afford to go on holiday. Moreover, as explained by Anthony Browne in The Euro: Should Britain join?, “These savings are a mere fraction of the total cost of going on holiday.”1  1Browne, A., 2001, "The Euro: Should Britain Join?", page 103