Will There Be A Digital Amero?
Perhaps like me, you have seen the annual US car show, either in person or on the TV. Each year the best and the brightest of the auto industry get together with some off duty strippers in short skirts and preview the best Detroit has to offer.
These same designers also show us some of the coolest ‘concept cars’. They all have sleek designs and if you are at the car show in person, you have to see these models before leaving the building.
We all stare at the possible futuristic cars and wonder what the world will be like when that ‘concept car’ pulls up next to me at a stop light.
Well, the “Amero” is a concept currency. It’s not out yet, but some day it might work its way off the drawing board and into your pocket.
Today, we look up and wonder what will the world be like when the woman next to you at the supermarket pays with her new Amero Coins. (its possible stop smiling:-)
What is the Amero?
In plain language? It is a really dumb idea created by a really goofy bunch of politicians from Mexico, Canada and the United States. However, unlike many of Detroit’s concept car designers these wacky politicians might be able to successfullymove the Amero from a drawing board into the real world.
The “Amero,” is an idea much like the Euro and would replace the US Dollar to become the currency of Canada, Mexico, and the United States.
So be careful!!! There are two things American’s can’t get enough of….Britney Spears and shopping. With enough sizzle the new Amero currency might just have the ‘get-up-and-go’ for the public to buy it. Remember the “Pet Rock”? Wrap it in colored paper then call it fashionable and everyone may just want it.
No more pesos. No more loonies. No more green backs?
Exactly what kind of a future world would we be living in where the US Dollar will disappear into this ‘money mashable’? This brave new world I speak of is known as the North American Currency Union. Sandwich America between all the domestic oil sands under Canada and all the cheap labor in Mexico and you have just created the new ‘Union’.
Yes, America is just one big Canada/Mexico superhighway away from driving off in that new concept car currency. Only this week, Merrill Lynch was already telling us that the U.A.E. and Qatar may drop their US dollar pegs in the next six months. Throw in the Kindgom and its ‘hello Amero’.
Last night I saw a music video from JayZ and for the first time in music history, he was not waving around a stack of US Dollars, this rapper was flashing a big pile of Euros. It won’t take much of a social revolution to tank the USD, it may already be happening.
Trust me, you Americans, Canadian and Mexicans are all just a few Pepsi commercials away from the very fashionable new Amero currency. (Reverend Billy will be preaching about this one)
A Canadian ‘think tank’ The Fraser Institute has already proposed a symbol/logo and there are even ‘concept coins’.
Digital Amero?
Will there be a digital Amero? With billions of Dollars and Pesos circulating each day in the North American Union e-commerce world (which in Amero theory could be taxed), will there be a nerdy e-version version of the Amero? A digital little brother…the eAmero?
What do you think?
Source Coin Pics: Designscomputed.com
Tags: amero, e-currency, e-gold, Gold, GoldMoney, hyip, Liberty Reserve, Liberty-Dollar, north-american-currency-union, Pecunix, Ron-Paul, silver, von-nothausRelated Stories
POSTED IN: Money Items, Online Currency
4 opinions for Will There Be A Digital Amero?
Koichi Ito
Nov 24, 2007 at 4:44 am
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!
quax
Nov 24, 2007 at 9:20 pm
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?
alan
Dec 3, 2007 at 7:21 pm
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.
fenny
Jul 29, 2008 at 10:47 am
Yes, concept it is, but with enough propaganda, it may well become a reality…best way to snuff out this sin, is through silence.>;-)
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