Comments on: Will There Be A Digital Amero?

By: fenny

fenny — Tue, 29 Jul 2008 17:47:33 +0000

Yes, concept it is, but with enough propaganda, it may well become a reality…best way to snuff out this sin, is through silence.>;-)

By: alan

alan — Tue, 04 Dec 2007 02:21:56 +0000

I agree with you quax. The Amero is just another scam forced upon the people. In the end they will inflate this currenty to hell just like they’re already doing with the US $ and yes even the Euro. The problem is the whole concept of central banks and fractional reserve banking. Don’t for a minute think this funny sounding Amero change anything essential.

I am Canadian, and if it came down to it I would say NO to the Amero. I don’t need some pompous a$$hole politician in Washington or who knows where controlling me by financial strings.

By: quax

quax — Sun, 25 Nov 2007 04:20:26 +0000

The Euro didn’t come a moment too soon. At this point it is the only viable contender as an alternative to the US $ for the status of world reserve currency. The fact that the European Central Bank’s prime prerogative is to contain inflation also makes it better suited for this task than the Fed’s competing mission goals.

One should also note that before the introduction of the Euro a lot of housecleaning had to happen to create an integrated market within the EU: Free movement of goods and people (i.e. no more border guards and no more customs).

It is one thing to combine several smaller economies and currencies into one juggernaut – it is an entirely different story to have Canada essentially being absorbed by the US and surrender sovereignty without getting anything in return. Canada’s politicians of any creed would either have to be totally insane or bought off to go along with this.

I moved from the US to Canada last year in part because I was concerned about the coming US $ melt-down. I am very happy to earn my salary in Can $. If Canada was to seriously entertain a currency union I’d be moving back to the EU in a hurry.

That in a nutshell is the difference between these currency unions: I am happy to accept Euros for payment any day – US $ not so much. Odd thing to observe how this sentiment goes mainstream now.

The Amero would be just another fiat currency on steroids given that the same DC establishment would be calling the shots. Why would anybody want it?

By: Koichi Ito

Koichi Ito — Sat, 24 Nov 2007 11:44:18 +0000

Amero seems like Euro or any other regional single currencies. But this is you are middle of it. In future Canada, United States of America, and Mexico must accept some form new currency. By time goes by All currencies lose value by inflation and devaluations. Only if value is backed by Silver, Gold, and Platinum, its will lose value. Since all 3 Nations uses fiat currency it will lose value. Only solution to this problem is to back Amero with value of Silver, Gold, and Platinum!