US + Canada + Mexico = Amero

[ExileOnMainSt]

http://www.amerocurrency.com

I really don't know what to say about this.. Umm perhaps this is the United States way of saying, holy fuck our economy is going to all hell, pretty soon the Canadian dollar will be worth more than the US dollar and this is our only solution

This website looks pretty propaganda-ish, The North American Union? What happened to NAFTA. Last time I checked, USA and Canada were each others top trading partners, with Mexico in the top 5. I think they could have at least come up with a better sounding name for the new currency, amero sounds like a chocolate bar

[Doublethink]

This isnt to better the economy. If you are looking for a rational explanation you will not find one because you are dealing with people that think a different way.

ALL THE ENLIGHTENMENT YOU COULD EVER WANT CAN BE FOUND AT INFOWARS.COM

[wEstSidE]

u kno this is a str8 jok rite??? this b SUM DUM SHIT.

[wEstSidE]

dis is a propoganda wabsite.

4 da laggardz

[Doublethink]

You know nothing of what you speak. You clearly commented just to comment.

[ExileOnMainSt]

This isnt to better the economy. If you are looking for a rational explanation you will not find one because you are dealing with people that think a different way.

ALL THE ENLIGHTENMENT YOU COULD EVER WANT CAN BE FOUND AT INFOWARS.COM

the rational explanation is that its most likely US implemented and maybe its less formalities at the borders to increase trade? They say theres an equivalent of 3000km of traffic between US and Canada, and we are building a new bridge next to the Ambassador to help traffic out, this new currency could very well accompany it..

[mr fluffernutter]

[homi29]

ordo and begs will be our new leaders

[Doublethink]

Okay but your quoting them. You have to stop and think for your self. If if your considering only what they tell you then of course you are only going to have what they tell you to rationalize with. You have to study the new world order and all the pieces will fall into place. Once you learn of it, it will hit you hard and knock you back into your seat.

flouridation of water

911

genitic enginering of government subsidized crop.

bilderberg group

rockefeller

CFR

froudulent elections

the patriot act

aids

MSG

mercury in vacines-flu shots

georgia tech

income tax-

read the dollar bill- it says new world order in latin- put there by the federal reserve.

the list goes on and on

Educate yourself type these topics into youtube or google video next the word truth and you will get factual information.

[wEstSidE]

...

doublethink's username + post content = nxt lvl

[Tisswat]

The international monetary system consists of a range of different currencies. Most of these are linked to individual countries, which have their own monetary authorities. The Euro is an example of a common currency, for which several members have given up their own currencies in favour of one single currency. The most obvious reason for common currencies is that it makes transactions between countries easier. It reduces transaction costs and uncertainty caused by fluctuating exchange rates.

The successful introduction of the euro suggests that perhaps other regions could benefit by introducing a currency area that covers several countries. Although many countries – like China – have their currencies pegged against (for example) the dollar, the euro is currently the only currency that has completely replaced several country’s unit of exchange. One could ask whether other regions should follow Europe’s example by introducing a single currency for several nations in the area. What would be the costs and benefits for Canada if they were to replace the Canadian dollar by the US dollar? Would it even be possible for the entire world to have one single currency as a means of exchange? The theory of optimum currency areas (OCA) can be used to find an answer to these questions. The OCA theory is concerned with the costs and benefits of creating currency unions and the conditions under which conditions countries should move towards monetary integration.

Robert Mundell was the first to introduce the world to the theory of OCA in an article published in 1961, where he tried to find the answer to what defines the appropriate domain of a currency area. This initial article sparked a fierce debate among international economists for years to come. Mundell’s original theory was both criticised and praised, and has been improved and extended by other authors, adding to the initial theory through time.

When a country decides to adopt a common currency, it not only gives up its own currency but also the effectiveness of its independent monetary policy. Mundell (1961) illustrates this phenomenon by introducing a model of two countries A and B. Country A specialises in the production of cars and country B specialises in the production of bicycles. He assumes that there is full employment and balance-of-payments equilibrium between the two countries. In both countries, money wages and prices are rigid in the short run. Furthermore authorities in both A and B try to prevent inflation and unemployment.

If gasoline prices were to rise suddenly, it would cause a shift in demand from cars in country A to bicycles in country B. More people would be interested in riding bikes to work instead of expensive gas consuming cars. This is called an asymmetric shock, as it has a different impact on the economies of both countries. The rising demand in bicycles would cause an inflationary pressure on country B, as this country is in a state of full employment. Country A however is experiencing a decline in demand for its products and is facing unemployment.

If the two countries each have their own flexible currencies, the shift in demand towards bicycles will cause the terms of trade to bring back equilibrium in the balance of payments. An appreciation of country B’s exchange rate would be suffice. However, a problem occurs if the exchange rate of these two countries is fixed or if there is only one common currency between them. In the latter case the exchange rate cannot change to restore equilibrium in the balance of payments. If the two countries have one single currency, monetary policy in both countries is similar as there cannot be a difference in interest rates. And if the there are two currencies fixed with a fixed exchange rate, the interest rates in the two countries must be equal in order to keep the balance of payments in equilibrium. In order to prevent unemployment, country A must now decrease interest rates. As both countries share their monetary policy, it will cause even more inflationary pressure to country B. Instead, if country B raises interest rates in order to fight inflation, it will lead to more unemployment in country A. Thus, asymmetric shocks will cause either inflation or unemployment in a system where the currency region is not the optimum currency area.

[ExileOnMainSt]

lol Tisswat, i just shat my pants in my Internation Economic Trade Theory and Policy mid term, if I pm you can you give me some pointers?

[todesengel]

flouridation of water

have you never wondered why I drink only distilled water, or rain water, and only pure grain alcohol?

[BOORADLEY]

obviously the only solution here is for all of us to buy limited edition coins the government issues.

dont you guys watch daytime television? fuck. get informed. srsly!1

[Tisswat]

lol Tisswat, i just shat my pants in my Internation Economic Trade Theory and Policy mid term, if I pm you can you give me some pointers?

No problem.

[NESK]

do i need a tinfoil hat to respond to this thread?