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Subject NORTH AMERICAN UNION: THE CASE FOR THE AMERO

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Original Message [link to oldfraser.lexi.net]

The Case for the Amero: The Economic Politics for the North American Monetary Union

By Herbert G Grubel
The Frasier Institute
Published in 1999

The entire plan is layed out for anyone to read.

Exerpt: "On the day the North American Monetary Union is created - perhaps on January 1, 2010 - Canada, the United States, and Mexico will replace their national currencies with the amero. On that day, all American dollar for one amero (A). Canadian and Mexican currencies will be exchanged at rates that leave unchanged their nations' competitiveness and wealth. In all three countries, the prices of goods and services, wages, assets, and liabilities will be simultaneously converted into ameros at the rates which currency notes are exchanged."

I think we should go back to using gold and silver as our daily currency. There has to be a modern way to carry gold and silver without having to revert to coins. Different sized ball bearings?

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