Talk:American currency union
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True or false: this is something that will probably take the place of the United States dollar as the currency of the United States sometime between 2500 and 3000 66.32.121.159 16:43, 24 Apr 2004 (UTC)
- Hmm ... let me get in my time machine to see if that happens. *goes ahead in time to 3000, reads history book* Nope. Afraid not. In 2137, America adopts the Mexican peso
- I think the Amero is highly unlikely. While many Canadians and Latin Americans would fear domination by the USA, ironically, much the USA's people would see the Amero as a setback not only for their sovereignty but their distinctive superpower role. I think a much more feasible idea is a currency union between the UK, Canada, Australia, and New Zealand. Call it the New Pound Sterling, perhaps. Free traders and internationalists in these four countries can be sold on it by pointing out that rejecting the euro and USD for the NPS is not hunkering down and rejecting globalization and integration; in fact, the NPS would be not only an international currency like the euro, but intercontinental currency, used in Europe, North America, and Australia. Nationalists could be mollified by pointing out that each country would retain much more influence and control over monetary policy than any would if it became a tail tied on to the euro or US dollar. A currency design that had distinctive national elements on at least one side of both the coins and notes (rather than only one side of the coins, as with the euro), would help with this as well. Finally the four countries have more in common with each other than any do with the USA or Europe, with approaches on economic policy that tend to fall midway betwen the two giants. As for the transition, emulating the transition to the euro seems like a good process. -LeoO3
- Aside from membership in the Commonwealth, how does Canada have more in common with the UK, Australia and NZ than America? Have you been to Canada lately? If you didn't see maple-leaf flags and bilingual (English/French) signage, it'd be very easy to think you were in the United States. Funnyhat 07:56, 1 Jun 2005 (UTC)
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- While Canada's landscape, accent, and various cultural elements are more "American" than "Commonwealth", its fiscal, social, and regulatory policy is closer to that of the UK, Australia, and NZ than the USA. LeoO3 15:20, 5 January 2006 (UTC)
- humm so this New Pound Sterling thing is some sot of Neal Stephenson-ain like 'Anglosphere'currency am i right? I Could see being taking up in Australia and NZ, But not if Paul Keating era attempts to integrate the economy with the Southeast Asia region pay off as predictedJoey jojo 16:57, 12 November 2005 (UTC)
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- Somewhat, although it specifically excludes the USA. You're right that its thrust goes against the Australian left's de-emphasis of traditional ethno-cultural ties and advocacy of closer integration with Asia. LeoO3 15:58, 5 January 2006 (UTC)
A number of states – such as Argentina and Canada – have at times tied their currency to the United States dollar,
Canada? Is this referring to the old days when the dollar was backed by silver and gold (with the Canadian dollar on teh same standard as the US dollar)? Or was there a tie during the current fiat money era? -- Nik42 08:37, 24 Jun 2005 (UTC)
- No, this refers to 1962-70 when the Canadian dollar was pegged at 92.5 cents U.S. - SimonP 12:06, Jun 24, 2005 (UTC)
Does anyone think it is likely that by 2500 or 3000, there will be a total of two currencies in the world: the United States dollar, and mundo (or something), a unified currency for the entire rest of the world? JIP | Talk 14:34, 16 January 2007 (UTC)
- I can see this: North American amero, South American peso, euro, CIS ruble, Central-west African franc/afro?, Southern African rand, Middle East dinar, South Asian rupee, Southeast Asian whatever, East Asian yuan, Pacific dollar. These countries will be struggling for which zone to join:
- Ukraine, Mexico, Myanmar, Afghanistan?, Transcaucasian countries. --ChoChoPK (球球PK) (talk | contrib) 15:01, 16 January 2007 (UTC)
I see no point in Mexico being a member of the Union. They are nowhere near the stability of Canada or the United States. It would be like letting the Ukrain join the European Union.Fentoro 04:36, 24 February 2007 (UTC)
[edit] cases against
- This would be very bad for the people of every country that joined if the U.S. dollar enters a period of hyperinflation.
- Who would control the printing presses?
Carbonate 13:53, 17 July 2006 (UTC)
- If there was plans for a North American currency union, I would suspected there would be entry rules and restrictions like those for the euro, like on inflation, so major inflationary pressures will possibly will not exist. There would be a central bank like the European Central Bank and so like the various printing presses.--159753 15:30, 17 July 2006 (UTC)
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- It's already a done deal. 2010 is the target date. Oh, and printing presses will be controlled by the same people who already control ALL the money printing presses - and that's NOT the US government. —The preceding unsigned comment was added by 82.3.122.223 (talk) 07:05, 16 January 2007 (UTC).
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