Posted by: MadSciLabz | January 29, 2009

“Father of the Amero” Herbert Grubel Speaks About a Common North American Currency


With the current financial crisis and the value of the US Dollar diminishing right before our eyes, there has been speculation about introducing a new currency to replace the US Dollar. It will be called the “Amero,” sort of like how the European Union introduced the “Euro.” I wonder what they will come up with next. A North American Union? A North American Army?

In the video interview below, “The Father of the Amero,” Professor Herbert Grubel speaks about his 1999 publication, “The Case for the Amero” and talks about the economic benefits of having a common North American currency. He also speaks about a necessary catalyzing event required, in order to have political change which could bring about a monetary union.

Part 1:

 

Part 2:
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