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Originally posted by evanmontegarde
The American dollar has been acceptable currency in both Canada and Mexico for a long time if I remember correctly. Maybe not legal tender, but I understand it is generally accepted.
I do think tying the American dollar to the Canadian dollar would be a rather terrible idea, given the fact that Greenspan, Bernake, etc. have destroyed the value of the American dollar and allowed the Canadian dollar to jump ahead. The Canadians should not be tied to our ailing currency.