Amero - goodbye USD (and CAD/PESO)

Discussion in 'Currencies' started by undftd, Sep 30, 2011.

  1. undftd

    undftd Member Silver Stacker

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    undftd, Sep 30, 2011
    #1
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I think this whole topic is Taboo, I am a relative newcomer here but I picked up on it being a big conspiracy theory best left to the KITCO forums. I am not a member of the KITCO forums so I can't really comment.

    This is an area of interest of mine though!
     
    Jislizard, Sep 30, 2011
    #2
  3. Lovey80

    Lovey80 Well-Known Member

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    This is not inevetable. Before this could ever come to happen the Euro will have collapsed, proving the monetary experiment of the Euro not workable.

    You simply can't have separate countries using the same currency with completely different fiscal policies. It wont and cant work, unless there is super strict guidelines on government debt and spending. Even then it probably wouldn't work. If all countries involved had zero government debt and were mandated by law to only spend within their means of incoming revenue, it would hold up for probably a very long time before it collapsed. But of course that is a pipe dream and it will never work.
     
    Lovey80, Sep 30, 2011
    #3
  4. goldpelican

    goldpelican Administrator Staff Member

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    I think the article does a pretty good job of explaining it - the number of websites that posted pictures of the fantasy coins as "proof" was laughable.

    Why would Mexico and Canada want to peg their currency fortunes on the US printing press?
     
    goldpelican, Sep 30, 2011
    #4
  5. undftd

    undftd Member Silver Stacker

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    FWIW: I'm very sceptical also, just want to get some more information.
     
    undftd, Sep 30, 2011
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  6. Diablo21

    Diablo21 Member

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    I don't about Mexico but Canada (more precisely, Stephen Harper) says "how high" when the US says jump...
     
    Diablo21, Sep 30, 2011
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  7. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    ^^ This.

    Double ^^ This because one of the countries is the United States.
     
    Big A.D., Sep 30, 2011
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  8. SilverSanchez

    SilverSanchez Active Member

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    The Amero was something that was being negociated during the 90's and the 00's it was due to come into fruition in 2010. But people like Jerome Corsi and other political whistle blowers let the cat out of the bag and destroyed it's public credability, so it was abandoned.

    The Amero is old news, and considering the problems in the euro I suspect they will move to the ultimate goal which is a single world international trading currency. Look up Jerome Corsi's book 'the late great USA' if you want more info.

    This discussion is about 3-6 years too late :)
     
    SilverSanchez, Sep 30, 2011
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  9. hiho

    hiho Active Member Silver Stacker

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    go go am--er--o
    go go am--er--o
    go go am--er--o
    go go am--er--o
     
    hiho, Sep 30, 2011
    #9
  10. SilverSanchez

    SilverSanchez Active Member

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    its the Globo now people - the Globo is the new black(market) :)
     
    SilverSanchez, Sep 30, 2011
    #10
  11. hiho

    hiho Active Member Silver Stacker

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    yes and gloish is the new language
     
    hiho, Sep 30, 2011
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  12. euphoria

    euphoria New Member

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    Could ask the same question of why Switzerland would want to peg their currency fortunes on the EUR printing press?

    Not having an opinion one way or the other, sharing a currency makes sense when you trade closely with each other, eliminates fluctuations etc. I will point out that Gold performs this service rather well on a worldwide basis.
     
    euphoria, Sep 30, 2011
    #12

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