Europe has the Euro. Are you ready for The Amero?

Wise Bread | Apr 4, 2007

Hold onto your hats. (Or should that be dollars?) The Amero is coming. I’ve heard a lot of talk over the last few years about a new currency called the Amero that will replace dollars and pesos.

I thought at first it was just conjecture and gossip, but the more I have researched it, the more I believe it is not only real…but coming soon. And as a writer who has your best monetary interests at heart, I feel you need to know at least a little about this.

A North American Union (NAU) with a common currency is not a new idea. Herbert G. Grubel, a senior fellow of the Fraser Institute, came out with a book entitled “The Case for the Amero” in September of 1999. But the mass media has largely ignored it, with both the supporters and critics of the plan being relegated to obscure talk radio and Internet sites (hopefully, this one doesn’t fall into the latter).

However, since 1999 a case has been building for the new currency, and some believe the current administration is setting the stage for the introduction of the Amero very soon, as soon as 2010 some believe. The lack of serious intervention on illegal immigration coupled with the continued devaluation of the dollar and its weakness in the world economy is in fact the perfect place to set the foundation for a new currency. Or so I’ve been told by various economists with far more smarts than myself.

The Security And Prosperity Partnership Of North America.
This is where many people believe the Amero will stem from. This is not a phantom organization or conspiracy theory, the SPP exists and you can view it yourselves at www.spp.gov . It was a ‘dialogue’ (some say agreement) between President Bush, Prime Minister Harper and President Fox to enhance security and prosperity among the three nations (prosperity for whom is obviously debatable).