posted on Nov, 10 2008 @ 10:11 AM
THE AMERO vs. THE DOLLAR
There has been some discussion in the media lately about a North American Union to replace the USA.
Or you can google "North American Union."
Associated with such an alleged agenda is the plan to replace the Dollar with the 'Amero.'
Google "The Amero."
Predictably, certain individuals are alarmed by the prospect of replacing the Dollar with another currency called the Amero.
As a line in the above National Ledger article reads, "Our currency will be replaced with the "Amero." And, we'll be one giant step closer to the
U.N.'s perverse dream of a one-world government."
Whether or not there is any truth that some individuals or groups would like to economically or politically unify Canada, Mexico, and the United
States, the peripheral alarm regarding the replacement of the Dollar with a currency named the "Amero" is worth exploring.
The first thing that jumps out at me is the expression, "Our currency...." That is an interesting choice of words. This phrase implies that the
currency of the Federal Reserve System is ours, yet, somehow the Amero currency of the North American Union would not be ours and therefore be
The second thing that jumps out at me is the expression, "...will be replaced...;" My choice of words would have been, "has been replaced."
Let's hypothesize that Federal Reserve System currency is already not ours.
Let's hypothesize that our currency has long since been replaced.
Here is how it was done.
THIS WAS OUR CURRENCY. Figure 1 is a picture of what certainly used to be our currency, our current coin, before it was switched with Federal Reserve
debt. Below is ONE DOLLAR of silver.
The coin pictured above is exactly what the U.S. Constitution mandates we citizens of the United States of America use as money. The laws, and the
code, of the United States of America at that time sustained the circulation and use of this piece and others like it as money. Does anyone bother to
respect the Constitution anymore? Our money was not debt. It was wealth. It was born of nature and worked by the National mint into what it is. It was
an asset which was not simultaneously someone else's liability. Debt freedom, once achieved, was much closer to absolute under such a money system.
It bore no interest except when its owner consented to lend it to a borrower for a rate of return. When it was spent, it was considered at common law
that a debt was paid. And it respected the tradition from time immemorial that in exchange, value would be exchanged for value; it was equitable. When
it was saved, instead of spent, it preserved the wealth of the saver, who could reasonably expect prices to be within reasonable range of what they
were when the coin was saved.
"As banker Vince Rossiter has pointed out, 'from 1814 to 1913, the U.S. fought four wars, enjoyed greater increases in population than any other
nation in the world, suffered significant short-term inflation and deflation at intervals, and still it was possible to buy substantially the same
basket of food in 1913 for approximately the same price that it cost in 1814, 100 years earlier.' " (1.)
Try and do that now, with the base year of 1974, for example. You'll find it takes multiples the money to buy the same item.
Our currency enjoyed the protection of the law and counterfeiters faced capital punishment. Coin clipping, shaving, sweating, mixing with base metals,
all being ways in which kings and princes cheated the public, even our own government was prohibited from such activities.
And Figure 2 is another picture of what used to be our currency, our current coin. Below is one dollar of gold."