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May 10, 2024, 5:57 pm
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Amero to become USA's new currency when dollar collapses
Published:
This is from Pravda, so it may or may not be valid, might just be disinformation. I am kind of disturbed by the picture of the amero, though, maybe it's jusy a photoshop job.
If true, this article is very disturbing.
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Amero to become USA's new currency when dollar collapses
Pictures of the new currency that will supposedly replace the US
dollarhave appeared on the Russian Internet. The United States is reportedlyworking on the new currency, the amero, which will be common for theUSA, Mexico and Canada. The unstable financial situation in the world,the collapsing oil pricesand the growing foreign debt of the United States may eventually crushthe US dollar as the world’s major currency. Needless to say that theUS authorities reject the rumors and promise to keep the dollar afloat.
Amero notes have no portraits of US presidents onthem and resemble the Belarussian rubles. For example, there is animage of a deer depicted on a 50-amero note, whereas a picture of apyramid of Mexican Indians can be seen on a 100-amero note.
The amero follows the model of the European Union and its euro.It brings up the idea that the new currency can be adopted by the USA,Canada and Mexico within the scope of the North American Union, whichthe Bush administration established in 2005 under the Security andProsperity Partnership of North America (SPP).
On April 6, 2005, the US Treasury announced theformation of the Financial Services Working Group to assist in theSPP’s ‘prosperity’ plans. According to its own press release, the USTreasury’s Financial Services Working Group said it “will play acritical role in the SPP.”
Conspiracy theorists contend that the governments ofthe United States, Canada, and Mexico are already taking steps toimplement such a currency, as part of a "North American Union (NAU)" Nocurrent members of any country's government have officially stated adesire to create such a body, nor introduce a common currency.
The idea for a North American currency union wasfirst proposed in 1999 by Canadian economist Herbert G. Grubel. Asenior fellow of the conservative Fraser Institute think-tank, hepublished a book titled The Case for the Amero in September 1999, theyear that the euro became a virtual currency. Another Canadianthink-tank, the C.D. Howe Institute, advocates the creation of a sharedcurrency between Canada and the United States .
After the report came out, center-left nationalistgroups in Canada expressed their opposition to any currency unionbecause they view it as an attempt by American businesses to gainaccess to Canada 's extensive natural resources while dismantling thenation's social services. The 100,000 member strong Council ofCanadians, a progressive advocacy group, has declared one of itscentral issues to be the threat of "deep integration".
Dr. Robert Pastor, in a 2001 book, suggested acommon currency should be a foundation of "macro economic cooperation"among the three NAFTA countries. However, the 2005 Independent TaskForce on North America, which he chaired, did not recommend a commoncurrency, nor does Pastor in the section for additional and dissentingviews suggest a common currency should be a goal.
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