Is circulating on the Internet a video of Hal Turner, where he spoke of a ridiculous theory about the end of the dollar and replace it with a new currency called Amero.

This video is a big lie and don’t believe it.

The Amero is a purely theoretical concept of a unique currency for North America.

A souvenir shop minted Amero coins as a curiosity product, which Turner uses to “prove” his conspiratorial theory.

This man was firing from his job not because of their conspiracy theories but because it is a kind of neo-Nazi who believes in white supremacy and said extremely racist statements.

To create a unique currency for several countries, there should be a great time for analysis and preparatory measures, unifications of criteria on inflation, exchange rates and others macroeconomics variables, among the various central banks. The Euro, for example, is the result of decades of coordination among central banks and above all for internal consensus on each of the countries.

It would be suicide for the United States do what it says Turner, as both the dollar and the hypothetical Amero are trust money, that is not backed by anything of intrinsic value like gold or any metal, but is supported in the trust in the economy and the central bank that it emits.

If the United States would do this, destroy all the trust that the world has in their economy. Obviously, in the medium term the dollar will suffer any despreciación, America needs to adjust her accounts, and this would be a way (one of many to be taken) to achieve the goal, but it is not expected to mega devaluation.

The stupid video: http://video.google.com/videoplay?docid=1954933468700958565&hl=es