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Setting the stage

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http://news.yahoo.com/s/nm/20070109/od_nm/pesos_pizzas_usa_dc_2

Mark my words- this is the beginning of the shift from the US dollar to the Amero - the new currency of the NAU (north american union) currently being debated in different circles. Which will represent the final stage of destruction of our fine Republic so many of our ancestors died for.

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I could not care less that some pizza shop that caters to Hispanics accepts pesos. Heck, I've bought a pizza with a Chuck E. Cheese coin before. The problem only arises when they try to pay taxes in something besides the USD.

Or am I missing something an dthe sky really is falling? ;)

steveOrino

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Did you even read the article? Accepting pesos because the pizza business is competitive and there are a large number of people that travel to and fro and have pesos left over is simply good business tactics and has nothing to do with the government adopting a new currency.

What I go to Costa Rica most places will accept US dollars because it is smart for them to do so. Costa Rica isn't about to change currencies because of that....
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Maybe then these folks would give a crap. Too bad it will be too late by then...

I do imagine by that time though, they will endorse it because it will be accepted as 'normal business' by that time in most places, and one currency instead of two or more is just 'easier' or 'good business'...

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Maybe then these folks would give a crap. Too bad it will be too late by then...

I do imagine by that time though, they will endorse it because it will be accepted as 'normal business' by that time in most places, and one currency instead of two or more is just 'easier' or 'good business'...



There's a whole industry based on conversion of money. They even buy on Margin and Short Sell the stuff like stocks. Been like that for many years. It's one of the reasons Gold became useless as a backer in the Thirties. This restaurant is just doing the conversion themselves for attracting customers. It's nothing new. Matter of fact, it's being done my major companies. A lot of trucks are being built in Mexico right now. We have to convert Pesos to Dollars sooner or later. Bought a Dodge? Sooner or later, that money you spent is going to be converted to Euros.
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Maybe then these folks would give a crap. Too bad it will be too late by then...

I do imagine by that time though, they will endorse it because it will be accepted as 'normal business' by that time in most places, and one currency instead of two or more is just 'easier' or 'good business'...


Uh... You're contradicting yourself. You're bitching about a "one currency" system because a business agreed to operate under a multi-currency policy.:|

"For once you have tasted Absinthe you will walk the earth with your eyes turned towards the gutter, for there you have been and there you will long to return."

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Lou Dobbs has addressed the beginnings of this assualt on American Soverignty in this capture from CNN

http://www.youtube.com/watch?v=XdxI0zClV_Y

Billvon, the reason why the Euro is doing so well is that it is backed partially by precious metal reserves, and it is the currency of anti-US governments (pre-occupation Iraq). The rest of the world knows the dollar is a fiat currency based on nothing, but being the biggest market for oil in the world everybody must 'pay to play' in the precious US market.

It is generally known that Saddam Hussien biggest mistake was not what he did to the Kurds or anyone else. He publicly stated he would no longer accept dollars for oil, euros only. Not long after this, we invaded Iraq. Coincidence?

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The Euro is backed by the economy of the european nations, not metals. the EU is a floating economy; just like the U.S. Japan, and other major nations. Fiat money is basically an instrument that allows true market value of a currency to reflect its true spending power. In short, it's based on needs, wants and scarcity. Putting anything against metals is artificially valuing money. Gold and platinum belongs in Rappers' teeth and for bling bling or for industy.
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Putting anything against metals is artificially valuing money.



???? That seems about exactly backwards...at least to me.



What I meant to express is backing the dollar with metals is placing the value of the dollar the same as the metal. This does not reflect true value and this method will cause collapse. What's wrong with using metal itself as currency? Simplest explaination is: Metal value is based on how much of it you can mine. Dollar value is based on how much it can buy.
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"The trouble with quotes on the internet is that you can never know if they are genuine" - Abraham Lincoln

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