General Discussion - New North American Currency - The Amero? - Canada

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RE: New North American Currency - The Amero?

Postby montyloree » Tue Jan 20, 2009 04:45:08 PM

I found this link that shows that the Amero coins I found on Youtube were created by Daniel Carr

http://www.dc-coin.com/index.asp?PageAction=VIEWCATS&Category=8

Daniel Carr talks about the Amero on this page:
I have received numerous inquiries as to my personal stand on the North American Union (NAU) issue.

My goal with these coins is not to endorse a Union of North America or a common "Amero" currency. I fully support the United States Constitution, and I would not welcome (in any form) a diminishment of its provisions. I expect that these coins will help make more people aware of the issue and the possible ramifications. I leave it up to others to decide if they are in favor of, or against a North American Union. And I encourage citizens to voice their approval or disapproval of government plans that impact them.

A currency union, similar to the European Union "Euro" has been proposed for North America. The name of the new currency is the "Amero". The Wikipedia encyclopedia article has additional details about the "Amero". This has been the source for many conspiracy theories tied in with other proposals such as the "Canamex Corridor".

These private-issue fantasy pattern coins will be struck as an annual series (until such time as it is no longer legal to do so), starting in the latter part of 2007.

Final mintages will be determined by sales. The 2008 issues will be available for ordering during 2008, and none will ever be minted after the end of the year. Some 2008 Amero issues may be withdrawn before the end of the year, and new issues will added later in the year.

The 2007 designs feature various Seated Liberty obverses and a similar Eagle & Globe reverse (except for the Jamestown 400th Anniversary commemorative issue which features Pocahontas).

One 2008 design (the 100-Amero Seated Liberty silver proof) was carried over from 2007. The remaining 2008 Ameros feature a Winged Liberty Head design.
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RE: New North American Currency - The Amero?

Postby average_joe » Mon Dec 29, 2008 01:12:27 PM

I don't know, I know Canada would never go for that. The idea of one currency in North America would kill us.
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RE: New North American Currency - The Amero?

Postby montyloree » Mon Dec 29, 2008 12:42:08 PM

The Amero certainly got my attention that's for sure.

How is it that they were talking about it on CNBC, and as well on the U.S. government page below? That's the only thing I wonder about.
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RE: New North American Currency - The Amero?

Postby average_joe » Mon Dec 29, 2008 12:32:54 PM

The amero is a made up currency. It’s like the tv show that was made years ago to make people think there was a nuclear attack happening at the time you were watching it .The amero is a propaganda stunt to get people talking or make them panic.

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RE: New North American Currency - The Amero?

Postby montyloree » Sun Dec 28, 2008 11:56:08 AM

Hmmm...

I did a search for Amero site:.gov which would give you a reference of the Amero from a government website..

I found the term Amero used on this government website in a pdf as follows:
http://fpc.state.gov/documents/organization/76935.pdf:

Monetary Union.
Another discussion recurrent in many Canadian policy
circles is that of monetary union with the United States. This potential goal has been discussed in many forms. The Canadian dollar could be linked in value to the U.S. dollar; Canada could adopt the U.S. dollar; or a new North American currency (called the Amero by one proponent) could replace the U.S. and Canadian dollars, and perhaps the Mexican peso. Generally, talk of monetary union north of the border is strongest during times of relative weakness of the loonie vis-a-vis the U.S. dollar.
The recent strength of the loonie has diminished such discussion, although the idea still has some proponents.

Those who support monetary union argue that it would force Canada to make the necessary structural adjustments that would make it more competitive with the United States. In other words, dollarization or a currency union would remove the ability to cushion adverse economic conditions through depreciation of the currency.

By tying the loonie to the U.S. dollar or by adopting the dollar outright, Canada would be making the unmistakable commitment to converge with U.S. macroeconomic policy. Then Canada would be able to reap the benefits of U.S. policy, which traditionally have been lower inflation, lower interest rates, and higher levels of growth than Canada has experienced. In addition, the savings in trade transaction costs would be significant for the volume of trade the two nations conduct.

Canadian opponents of monetary union contend that it would lead to an
unacceptable loss of political and economic sovereignty. Monetary policy would be dependent on (or tied to) actions of the U.S. Federal Reserve. Thus, the Canadian government would be left with fewer levers to combat inflation or fight recession.

In a monetary union in which macroeconomic convergence is reached, this point may not be important. To opponents of monetary union, however, the two economies respond differently to events, and thus need to utilize different adjustment mechanisms. Furthermore, with a population and economy smaller than some Federal Reserve districts, Canada's ability to influence U.S. monetary policy in a monetary union would be small.


The point is, they have talked about the Amero before...
I'm surprised that Canada was involved in a discussion about this, without our knowledge.
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RE: New North American Currency - The Amero?

Postby Ottawa_Chap » Sun Dec 28, 2008 12:20:45 AM

In all fairness, it's hard to believe any of the talking heads on BNN or CNBC, given that they were predicting OIL climbing to ~$200/bbl in the near future.

My guess is that those crooks were also shorting OIL futures knowing that the Markets in general would have no way of sustaining such a price until incomes and other financial elements inline themselves first.

Does this mean that this Amero currency is a Hoax? I've yet to do any extensive research so I certainly can't offer any valid comment at this point. What I am saying, however, is that many contrarians we're right over the past few months, and thus, anything viewed/heard in the media should be absorbed with an extra degree of caution.
Infuriating one C/A at a time..
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RE: New North American Currency - The Amero?

Postby montyloree » Sat Dec 27, 2008 08:34:03 PM

I'm seeing that some people are calling this a hoax... however, they did talk about it on CNBC which is kind of high level.
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RE: New North American Currency - The Amero?

Postby montyloree » Sat Dec 27, 2008 08:16:49 PM

hey ottawa_chap...
this is explosive if it is true... however there seems to be quite a bit of discussion on the internet regarding the Amero..

The American economy is in the midst of crashing... why on earth would we want to align with them? That would certainly take us down as well.

Apparently the U.S. has sent $800 billion of Ameros over to China... I'm not sure if this is true, but it's being talked about on the internet.

google "hal turner" ... he sounds like a bit of a crank, however, sometimes cranks have some truth to what they're saying.

I posted some more videos here
/archives/2008/12/the+amero+new+currency+for+the+u+s.html
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RE: New North American Currency - The Amero?

Postby Ottawa_Chap » Sat Dec 27, 2008 07:48:10 PM

Thought that I heard talk of a currency along these lines before, but this is the first time I've seen a video discussing it.

My fear is that if such a currency was adopted in N/A, what the heck would it be backed by? Our Canadian currency is backed by various natural resources. The US currency is backed by ??? anymore? Hope of future GDP gains? Certainly don't feel that the US has sufficient gold available to finance a new currency... And Mexico I can't comment on because I haven't done my D.D. on their country.

Just know that I, too, don't like the sound of this type of currency, especially given the state the US economy is presently in.

O.C.
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New North American Currency - The Amero?

Postby montyloree » Sat Dec 27, 2008 07:12:49 PM

Has anybody heard about the "New North American Currency" called the Ameros?

Wiki Amero

This is pretty scary folks.


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