You can google articles on this concept, but I cannot post/link them here.
I wonder if this new currency will actually to come to fruition.
You can google articles on this concept, but I cannot post/link them here.
I wonder if this new currency will actually to come to fruition.
With the extremely weak peso? Doubtful...
DarkFury's Pimptopia - Don't Hate the Playa, Hate the Game!
Home of the Original OG Pimp (accept NO imitations)
What benefit would this have?
It only ends once... Anything that happens before that is just progress.
Courage is not the absence of fear but rather the judgment that something else is more important than fear.
One step closer to a one-world currency?
I can see the advantages though...both Canada and Mexico use American money so frequently...it just saves them from having to exchange the money to their currency.
I believe the Euro had similar but much more severe cases of this. Personally, I think the dollar has good name brand recognition so I want to keep it.Originally Posted by DarkFury
With the extremely weak peso? Doubtful...
To me this is just another of the plans for the groups that are working to eliminate the borders between Canada and the US, and between the US and Mexico.
In the long term this means we lose our country.
I'll be the first to admit I don't quite understand how different currencies play against each other in the world market, but I'd be all for developing a universal currency.
If this is a step, along with the Euro, to acheiving this goal so be it.
Spigs, you MFR#1N!
It allows companies to relocate to countries that give better incentives for residing there. (Lower taxes, etc.)
It would mean a transference of wealth from the US. There's no way the financial and banking industries would let that happen, much less uncle taxes out my butt sam.
"I know the pieces fit, cause I watched them fall away."
"Cold silence has
A tendancy to
Atrophy any
Sense of compassion."
MJK
The Amero?? what is going to be next? White house moves to mexico ????
What are you talking about? Don't ruin a good thread.
Exactly... The American dollar (even though it is currently weakened) is still recognized globally as a "world currency" of sorts on it's own.
DarkFury's Pimptopia - Don't Hate the Playa, Hate the Game!
Home of the Original OG Pimp (accept NO imitations)
Yeah but how would you pay someone one fifth of a penny?
Disclaimer - The above opinion should not be taken as medical advise. My only advise is to talk to your doctor. If you are stupid enough to take anything I say seriously, you have nobody to blame for your cranio-anal inversion but your stupid self.
I may not be smart enough to do everything but I am dumb enough to try anything. - Beastboy.
Could be good, could be bad. I think initially it would probably be on par with the $USD, and Mexico would be absolutely hammered on the exchange rate, and Canada wouldn't be far behind. I can see Canadians exchanging at 80% or so, and do you think the cost of goods would drop 20%? Not likely.
On the other hand, it's made things a bit easier in Europe now that the exchanges have settled down. I'd be OK with it.
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