Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: MadIvan

I didn't say it was going to happen. My only point was that there is nothing good in it for us if it did.


64 posted on 11/28/2006 8:51:48 AM PST by rottndog (WOOF!!!)
[ Post Reply | Private Reply | To 61 | View Replies ]


To: rottndog
I wouldn't worry about it. What is more likely is that Mexico will dollarise - namely, they'll start using the dollar as their currency. This has happened in other Latin American countries like Ecuador; it means that they'll surrender monetary policy to the Federal Reserve, rather than America surrendering anything to them.

Of course, if your country's currency is an international joke, using the dollar does make you look better instantly.

I don't see Canada giving up their currency any time soon.

Regards, Ivan

67 posted on 11/28/2006 9:00:28 AM PST by MadIvan (I aim to misbehave.)
[ Post Reply | Private Reply | To 64 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson