Monday, January 12, 2009

US Dollar will be replaced by Amero ??





http://video.google.com/videoplay?docid=1954933468700958565&hl=es

hope that anyone with knowledge can tell us how true is this Amero thing.

2 comments:

satD said...

Salam Tunku

My take , the large percentage of USD is held in the form of claims against the US Government via holdings in US Treasury Bonds and Bills.

As for creating a new currency to replace the existing US Dollar in the way that Hal Turner is suggesting is a bit far fetched.

And to start issuing coins instead of paper...mmmm not too practical if one currency is losing value then they will typically issue a LARGER Note example a 1000 or a 10000 instead of coins (remember duit pokok pisang by the Jap or the Nigerian Billion Dollar note)

so overall tak masuk akal

tunku said...

thanks satD,
anyway the best is not to use or to keep usd.