The dollar is at it lowest rate worldwide at the moment against major currencys like the Euro (and getting its arse kicked by the mighty GB Pound ) Who thinks the Amero will work? I think the Mexicans will love it but what about Americans and Canadians? What do you all think? http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=53124 http://en.wikipedia.org/wiki/Amero http://www.humanevents.com/article.php?print=yes&id=15017
Do you pay for things with dimes or dollar bills? Do you find that things are more expensive when you pay with dimes?
Mmmm you lost me there buddy. I was just wondering what DP members think about the Amero plans and if it's a good idea or not.
I don't think there's a point to it. There's not widespread trade between the US, Mexico and Canada on the level that there was between the European countries. All it would do is make Mexican's realize how cheap their stuff really is and make Canada realize they're ripping us American's off. I would never pay the canadian price for a book. If a majority of US citizens were regularly trading between the countries there might be cause to simplify. You also have to consider the independent economies of everyone involved. Instead of having unified nations maintaining their own value of the dollar now you've got two stable economies and one rediculously unstable country setting the value of the dollar. Say France's economy was to tank, how would the euro be affected?
Some very good and valid points there buddy. No doubt this is something in the pipeline towards the ultimate goal of a single global currency but I think the Amero will be very unpopular though.
I don't like the idea of a universal credit system between the three countries, because it will eventually lead to other bs....like the EU is trying to be.
All we need to do is have banks automatically do conversion rates at the time of sale when using plastic based on the currency specified by the merchant. They should also restrict the fees that can be charged when exchanging paper money. Rather than making people all use the same money, we just need to streamline the conversion process.
It is just one step closer to a one-world government. Also, it gives much more power to the central banks, they can charge interest on money they printed across an entire continent even though the individual governments have the power to do so without interest.
First we are going to have major economic crash, so that quality of life in the 3 countries will be about the same. Until it happens, the bankers will have hard time selling universal currency to Americans and Canadians. Also, there will be no cash, it will be electronic-only currency. Get ready to do a lot of swiping I'd rather we go back to gold standard but I don't get to choose
The problem with gold is that it will become less valueable the latest years due to improved technology(mine-eating-bacteriums etc) that can outwin more gold in goldmines. Gold prize might rise in the next few years, but will later slowly fall to the bottom.
There is a fixed amount of gold in the world, latehorn, regardless of whether or not we discover new gold. Also, forcing currency to be backed by any commodity eliminates the power of the federal reserve to print up as much as it wants.
Private banking can operate their currency on silver, gold, etc....not just one thing. Inflation rates in New York over 75 years (durning the relatively free-banking era) were equal to one year of inflation today. New York had one of the freest banking systems in the world, and retention of value and growth were extremely obvious. Many economist would like to revert back to something like this, but it's pratically unfeasible. Centralized credit is the backbone of big government. Asking to changing that, is like asking both parties to give-up who they are. The American public in general feeds of the way we do it, and the believers in the older way [the true older way] are few and far between. You have to like history in a sense. To me, that is the final stage and desire of my idealism....to get that back. But we have to 'progress' ourselves to total taxation, and credit destruction...or so it seems....and even then we'll probably ask for more regulation. *shrug*
Experts pretty much agree that precious metals are in major bull market. Everyone is either actively buying gold or seriously considering it - India, Russia, China, Argentina, etc... Do you have any links about this new technology? First time I hear of it
No, sorry just heard it on the TV news. They have 7 such mines in South Africa and now one will be opened in Sweden.
I am sceptical about it, corporate media always has something negative to say about gold and something positive about FIAT. Not finding anything on the net so far
Looks like Bush wants the North American (Mexico, Canada and US) to go through. He already has aproved roads that are owned by United Nations to join all three countries. Amero will be late to the table. A cashless system is already in place and all we need is one more big catastrophe to spur on the UN to make it happen. National ID is also late to the table. U.N. ID will be more appropariate the way things are going. D
when the EU changed to the euro, it almost crashed germany, the uk and denmark refused to join it and both the uk pound and danish krone have been stable and held about the same rate with each other, and the pound is still stronger than the usd and euro, and has never fell below the the limits set on the euro. germany was the strongest money in the EU and now it is the uk pound, propping up the poor states costs money, maybe only a little from all the other states, but it costs the uk nothing either way. the usa and canada would have to prop up the paso. and with mexico smiling all the way to the bank, do you think they care? PS this new us/paso opens up the us/mexican border for all the mexicans to come and spend thier new found riches in the new found friendship with the USA, so that 30ft wall ya'll building, can come down now huh? edit: on a footnote, when wall street crashes, you banking on mexico to bail you out?
When a Liberal say's it I got to start wondering. Papers Reveal Plans for 'North American Union Highway from hell
A load of these things are already being pushed through, most Americans are too concerned about what is happening in their favourate soaps/sitcoms to give a shit though. The NAFTA Super Highway is already planned, cutting a swath through the center of the USA. The first most people will hear about it is when they are watching "Friends" or some similar shit and a man rolls in on a bulldozer saying that the highway will be running through his back garden. A few people in Texas are aware of this but unsurprisingly most of the USA people don't know about this, there are way more important things like dumbass sitcoms to think about. http://www.nascocorridor.com/ http://www.keeptexasmoving.org/about/