PREMEDITATED MERGER
'Amero coming within decade'
Strategist expects currency changes as Canadian dollar matches
greenback
Posted: October 5, 2007
1:00 a.m. Eastern
By Jerome R. Corsi
© 2007 WorldNetDaily.com
A commemorative amero coin
BankIntroductions.com, a Canadian company that specializes in
global banking strategies and currency consulting, is advising
clients that the amero may be the currency of North America within
the next 10 years.
"The amero would compete against other regional currency blocks,"
BankIntroductions.com says. "At present, with the Canadian dollar
approaching par, more talk for an amero currency unit will become
popular in Canada."
The company says that with the successful implementation of NAFTA,
"the one dragging component for the amero will be Mexico, but in
time this will change."
"Implementation of the amero currency may actually give Mexico an
economic boost, thus helping to alleviate Mexican immigration
pressures into the United States for those Mexicans seeking
financial gain," BankIntroductions.com advises.
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"The amero one day may well be circulating throughout North
America."
Matt Bell, president of BankIntroductions.com, told WND in an
e-mail to "feel free to quote our currency research on Canada. Our
general opinion on the amero stands as stated."
As WND reported, coin designer Daniel Carr has issued for sale a
series of private-issue fantasy pattern amero coins that have drawn
attention on the Internet.
WND also reported the African Union is moving down the path of
regional economic integration, with the African Central Bank
planning to create the "Gold Mandela" as a single African
continental currency by 2010.
The Council on Foreign Relations also has supported regional and
global currencies designed to replace nationally issued
currencies.
In an article in the May/June issue of Foreign Affairs, entitled
"The End of National Currency," CFR economist Benn Steil asserted
the dollar is a temporary currency.
Steil concluded "countries should abandon monetary nationalism,"
moving to adopt regional currencies, on the road to a global "one
world currency."
WND previously reported Steve Previs, a vice president at Jeffries
International Ltd. in London, said the amero "is the proposed new
currency for the North American Community which is being developed
right now between Canada, the U.S., and Mexico."
A video clip of the CNBC interview in November with Jeffries is now
available at YouTube.com.
WND also has reported a continued slide in the value of the dollar
on world currency markets could set up conditions in which the
adoption of the amero as a North American currency gains
momentum.
