General Question

Garebo's avatar

Do you believe the US already has, or plans to replace the present currency to a new currency called the "Amero"?

Asked by Garebo (3183points) March 14th, 2009

Some alternative viewpoints indicate elititists in this country, and the world, will systematically bringing the world to its knees in order to implement a one world order-this being one step in the process.

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28 Answers

zerocarbon's avatar

Amero no.
Peso?

SeventhSense's avatar

No.The dollar is still universal

SquirrelEStuff's avatar

Very good possibility. Well see after the G20 meeting.
Even if there are, it will be packaged and marketed to the people as a must happen, so most will not care.

SeventhSense's avatar

They won’t need a currency to do that. The world is on its knees already.

steve6's avatar

You’re making the name “Amero” up. The only reason Europe calls theirs the Euro is they shortened the word Europe. Nice try.

marinelife's avatar

Get off the conspiracy theory bandwagon before you get dizzy. No, this will not happen.

Mamradpivo's avatar

No. I don’t believe that. Thanks for asking though.

asmonet's avatar

This has been asked before, and no.

SquirrelEStuff's avatar

@steve6

I would hardly say that Garebo made Amero up.

Here are a whole bunch of links to stories in media about the “Amero.”
http://www.youtube.com/watch?v=6hiPrsc9g98
http://www.youtube.com/watch?v=iEnHMHqGge8
http://www.youtube.com/watch?v=SkfzRR1Zzj8

I can go on with links for a while

steve6's avatar

OK. So someone else made it up. My point was they copied from the Euro. Sorry

SeventhSense's avatar

Interesting note from the Wikipedia article above
Don’t know the source though:

“After the report came out, center-left nationalist groups[citation needed] in Canada and America expressed their opposition to any currency union because they view it as an attempt by American businesses to gain access to Canada’s extensive natural resources while dismantling the nation’s social services”

SquirrelEStuff's avatar

@Marina

Im not getting dizzy from the conspiracy theories, I’m dizzy from watching all the trillions go to banks and corporations. That to me sounds like a conspiracy.

marinelife's avatar

More frightening to me was the total lack of government oversight and corporate scruples along with the excess of greed that led to the debacle requiring such shoring up.

fireside's avatar

Have you looked at the stock market lately? It’s not like the banks are just taking the extra money for no reason. They’re taking it so that people can continue to cash in their paychecks every week and pay their rent, mortgage and bills.

jrpowell's avatar

Fun fact. The Fed requires that banks hold onto about 10% of the cash people put into them. So someone puts in 100 dollars and the bank loans out about 90 of those dollars.

If people stop paying the loans the bank made with those 90 dollars while people get scared and want all that money back the system ends in what economists call a “clusterfuckastrophe”.

SquirrelEStuff's avatar

Does what you are saying mean that for every trillion dollars the government gives to the banks for bailouts, banks can loan out ten trillion dollars?

Sounds like a Ponzi scheme to me.

Judi's avatar

Urban legend

Garebo's avatar

“The May/June issue of the CFR’s, Foreign Affairs magazine, Brenn Steil a senior fellow and director of International Economics, who has been on loan from the parent Royal Institute in London since 1996, says digital gold, “although a niche business at present, gold banking has grown dramatically in recent years in tandem with the dollar’s decline.” Mr. Steil was the Illuminist who drew up the plans for the North American Union and the Amero. If there is digital gold out there somewhere we haven’t heard about it.”

augustlan's avatar

Will the world end in 2012?

Garebo's avatar

I don’t buy the Mayan thing, but I think food prices are going to go through the roof this fall.

PupnTaco's avatar

@augustlan: AAAAAAGGGGHHHHH

fireside's avatar

How can I jailbreak my iPhone?

Garebo's avatar

I just think most of the major legacy banks are bankrupt from the derivatives they have gambled on which will continue to leverage the crisis to catastrophe. As a result of little, if any, past oversight and regulation; the fed now, which is no more fed than federal express, along with the treasury, are monetizing the currency with no backing except the good faith of the government. China already whining about buying our treasuries. The life insurance companies have not even begun to be exposed to the toxic waste they hold along with other major pensions. I pray all this money that is being thrown haphazardly by the government at the problem will not conclude to the same turn of events as occured in Japan, the Weimer Repuplic, Chili or Sweden.

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