Amero: “Now Is the Time” to Discuss a North American Dollar

January 26th, 2007

Via: The Star:

If Canadians are going to debate the idea of a single North American currency, “now is the time it should be on the table,” according to the chief economist at Toronto Dominion Bank.

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2 Responses to “Amero: “Now Is the Time” to Discuss a North American Dollar”

  1. David says:

    Economists are imbeciles masquerading as intellectuals.

    And what makes them so damn neanderthalic and troglodytic: they suffer from a total lack of foresight, as they try to force a living, organic world that tends toward entropy to conform to their stagnant theories–theories premised upon gargantuanly ridiculous assumptions that have no analogue in the real world at anytime or in any place.

    (An example of their stupidity: while an undergrad, I took a basic economics course and completed the first exam; got every question right except one; I couldn’t figure out why I missed the question, so I asked the prof; he told me my answer was correct, but was premised upon advanced course axioms, and he couldn’t give me credit because I hadn’t demonstrated an understanding of the ridiculous theories in my textbook; I dropped the course).

    And when they make a prediction based upon their inane theories, and the exact opposite of what they predicted occurs, instead of re-examining their theories and changing them, they say, in a tone that is so goddamn insolent it makes me want to immediately cut their tongues out and make them eat them,

    “Obviously, reality is incorrect and we are right; don’t be irrational; you should never, ever believe what is happening right before your eyes and what is mathematically certain; on the contrary, we are the authorities and you should only believe what we and our theories say is true.”

    Having said that, I take issue with the assertion made by the Canadian economist in this article that now would be a great time for Canada to bring the Amero out of the closet.

    Perhaps, due to his love of theories and hatred of reality, Mr. Drummond is unaware that the entire U.S. real estate market, both commercial and residential, will collapse, taking the U.S. dollar, debt, and stock markets down with it–this is a mathematical certainty.

    And perhaps he isn’t aware that a war will be waged to prevent these events from occurring;

    And perhaps he remains unaware that the U. S. will call upon Canada for war supplies and these war supplies will take the form of additional U. S. debt owed to Canada;

    And perhaps he doesn’t understand know the real estate collapse and war will make the Canadian dollar, in the long run, even stronger versus the U. S. dollar.

    And perhaps he’s so blinded by his love of theories he fails to see that now would be the worst time imaginable for Canada to merge with the U. S. currency-wise, as Canada would lose the opportunity to profit greatly from the forthcoming destruction as an INDEPENDENT primary war supplier that maintains an appearance of neutrality (if it so chooses, and it will choose such an appearance in the beginning); instead, it would be forced to fight on the side of the U.S., share in its bankruptcy, and receive nothing in return from the U.S. except a handshake and a “Thank You.”

    It should be known that Canada will share in the bankruptcy of the U. S. regardless; however, it will suffer less loss if it waits until after the war has ended so it can receive something in return for all the useless dollars it will possess.

    Any economist worth the gum stuck on the bottom of my shoe should be able to see the inevitability of this outcome.

    Apparently the economist quoted in this article doesn’t, and he should be fired.

    Now you see why I have no tolerance for economists.

  2. fallout11 says:

    Economists are the modern version of the astrologers and vizers of old, whose purpose was to rationalize the actions of their ruler(s) via their own special theories, create fictional support for them, and then parley these to people. In short, someone who exists solely to create “reasons” for actions that should not have been taken.

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