Hopping to get long answers or sites sources ....... I have a write-up that has to be done tonight and passed in tomorrow .. so I'm looking for idea's .. THANKS !
Currently 1 Can $ is about 0.8 U.S. $. What that means is that if we do adopt US dollar, everybody’s salary will go down by 20%. Somebody making 100,000 $ per year will all of a sudden start making only 80,000. People won’t like it, there will be a revolt.
As for the matter of national pride, I don't see why we would wrap our pride in a piece of note-paper.
To ask what would happen if Canada should just adopt the US dollar is too vague. Do we mean that Canada would adopt the US dollar but that the Treasury of the USA would continue to maintain control over its production and lending rates, to be decided by the US federal government? Would Canada have a say in this?
Machjo, I assume Canada adopting US dollar would be similar to say, Ecuador adopting US dollar. Canada simply gets rid of Can $, and adopts US dollar, without any control over the currency. Presumably US will continue influencing its own currency as before, Canada simply uses US $. We are not talking of a common currency here, we are talking of Canada adopting US $.
National currency and national flag is what defines the identity of a country (along with other things, of course). Sure currency is just paper and flag is just a piece of cloth. But Canadian dollar, along with Canadian flag denote what Canada stands for, which is quite distinct from what USA stands for.
If you have no problem getting rid of a ‘note paper’, would you be OK to get rid of a ‘piece of cloth’, get rid of the Maple leaf and adopt Stars and Stripes instead? If yes, can Canada getting absorbed in USA be far behind?
I'd be coloring it with highliter markers for one thing. Greenbacks are just plain dull.Hopping to get long answers or sites sources ....... I have a write-up that has to be done tonight and passed in tomorrow .. so I'm looking for idea's .. THANKS !
I'd be coloring it with highliter markers for one thing. Greenbacks are just plain dull.
If you have no problem getting rid of a ‘note paper’, would you be OK to get rid of a ‘piece of cloth’, get rid of the Maple leaf and adopt Stars and Stripes instead? If yes, can Canada getting absorbed in USA be far behind?
I'm in favour of multilateralism, not bilateralism. As such, not I'd be opposed to just adopting the US dollar and flag. However, I could go for a shared currency none-the-less, as long as its one shared equally, that's all.