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Old 09-19-2008, 10:03 PM   #7
Northboy
Avalon Senior Member
 
Join Date: Sep 2008
Location: Vanderhoof, BC
Posts: 73
Default Re: The fist clue that the New Amero currency is in the works?

The Canadian dollar is a resource based currency. That's what gives it its resiliency.

A combining of currencies would create trade at "par". whatever par works out to be. By the principles of arbitrage, that would put the resources that back the Canadian dollar behind the US debt.

I think its moot though as I don't see an amero on the horizon, unless they roll the tanks.
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