The North American Currency Union is a proposed economic and monetary union of three North American countries: Canada, the United States and Mexico.
Implementation would involve the three countries giving up their current currency units (U.S. dollar, Canadian dollar, and Mexican peso) and adopting a new one, created specifically for this purpose. (Some versions of the theory, particularly those circulating in Canada, assume only the United States and Canada would be included.) The hypothetical currency for the union is most often referred to as the amero. The concept is modeled on the common European Union currency (the euro), and it is argued to be a natural extension of the North American Free Trade Agreement (NAFTA) and the Security and Prosperity Partnership of North America (SPP).
Conspiracy theorists contend that the governments of the United States, Canada, and Mexico are already taking steps to implement such a currency, as part of a "New World Order (NWO)".
Read more about North American Currency Union: Criticisms and Problems, Amero Coins, Amero Bills
Famous quotes containing the words north american, north, american, currency and/or union:
“Civilization does not engross all the virtues of humanity: she has not even her full share of them. They flourish in greater abundance and attain greater strength among many barbarous people. The hospitality of the wild Arab, the courage of the North American Indian, and the faithful friendships of some of the Polynesian nations, far surpass any thing of a similar kind among the polished communities of Europe.”
—Herman Melville (18191891)
“When the Somalians were merely another hungry third world people, we sent them guns. Now that they are falling down dead from starvation, we send them troops. Some may see in this a tidy metaphor for the entire relationship between north and south. But it would make a whole lot more sense nutritionallyas well as providing infinitely more vivid viewingif the Somalians could be persuaded to eat the troops.”
—Barbara Ehrenreich (b. 1941)
“I have fallen in love with American names,”
—Stephen Vincent Benét (18981943)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (19081944)
“You can no more keep a martini in the refrigerator than you can keep a kiss there. The proper union of gin and vermouth is a great and sudden glory; it is one of the happiest marriages on earth, and one of the shortest-lived.”
—Bernard Devoto (18971955)