UN wants new global currency to replace dollar

[Blackleaf]

If Canada wants to adopt the Euro, then it would probably have to become a member of the EU. That would mean having most of your laws created by UNELECTED bureaucrats in Brussels (or, several times of the year, in Strasbourg. The EU Parliament has to move from Brussels to Strasbourg TWELVE TIMES a year, just because those damned French want a major organisation based in their country. The EU treehuggers are always lecturing us on how to save the polar bears, but moving the whole of the EU Parliament to another city twelve times a year must create a huge carbon footprint), rather than elected Canadians in Ottawa; it would mean having to adopt silly laws such as the law which makes it illegal to sell bent bananas (which, thankfully, has just been scrapped); it would mean having the arrogant French and Germans say disgraceful things about Canada if it ever decides to be too friendly with the US, just as Chirac and Schroeder did to small EU states such as Estonia, Latvia and Lithuania when they supported the Iraq War, as though the Estonians, Latvians and Lithuanians, who have gained independence from the USSR, wouldn't mind being lectured to by larger European nations; it would mean having your fishing fleet reduced to a quarter of its current size and having to allow the fishing boats of other EU states fish in Canadian waters, and throw the dead fish back in if they have caught too much; it would mean having to contribute millions or billions of euros each year to the Common Agricultural Policy, which would greatly increase Canadian food prices (EU's food prices are already amongst the highest in the world thanks to the CAP), even though all the Common Agricultural Policy does is give loads of money to inefficient French farmers who get rich by sitting around doing nothing all day; it would mean the Canadian taxpayer having to pay for new vineyards in Greece, new roads in Spain or new brothels in Germany; it would mean having to let in migrant workers from all over the EU to come and work in Canada, whether you want to or not.

If you don't mind any of these things, then adopting the euro - and therefore joining the EU - will be for you.

 

[taxslave]

Control Banks & You Control Nations

Imagine being able to simply print money, as much as you want. Well, what do you think banks do?
Astonishingly the Federal Reserve Bank in the U.S. is a private bank. They take our money then lend it back to us plus interest! This is no conspiracy theory it is simple irrefutable fact.
To pull of such an extraordinary bold crime which is clearly prohibited by the Constitution, these private bankers have had to pull extraordinary and ruthless influence. In the Fed Bank Evil Root? section we touch on how anyone who opposed the Feds' was assassinated.
The fact that there are secret societies with world and financial domination goals is not refuted, it is only the details of their actions that is often secret. Secrets can be uncovered when results are known and these actions can be linked to known individuals. You can uncover far more if you understand the underlying beliefs and philosophies these secret societies follow.

You must go through a bible a week Durka.

Dude one of the antennae on your tinfoil hat is bent and is picking up strange signals.

 

[taxslave]

If Canada wants to adopt the Euro, then it would probably have to become a member of the EU. That would mean having most of your laws created by UNELECTED bureaucrats in Brussels (or, several times of the year, in Strasbourg. The EU Parliament has to move from Brussels to Strasbourg TWELVE TIMES a year, just because those damned French want a major organisation based in their country. The EU treehuggers are always lecturing us on how to save the polar bears, but moving the whole of the EU Parliament to another city twelve times a year must create a huge carbon footprint), rather than elected Canadians in Ottawa; it would mean having to adopt silly laws such as the law which makes it illegal to sell bent bananas (which, thankfully, has just been scrapped); it would mean having the arrogant French and Germans say disgraceful things about Canada if it ever decides to be too friendly with the US, just as Chirac and Schroeder did to small EU states such as Estonia, Latvia and Lithuania when they supported the Iraq War, as though the Estonians, Latvians and Lithuanians, who have gained independence from the USSR, wouldn't mind being lectured to by larger European nations; it would mean having your fishing fleet reduced to a quarter of its current size and having to allow the fishing boats of other EU states fish in Canadian waters, and throw the dead fish back in if they have caught too much; it would mean having to contribute millions or billions of euros each year to the Common Agricultural Policy, which would greatly increase Canadian food prices (EU's food prices are already amongst the highest in the world thanks to the CAP), even though all the Common Agricultural Policy does is give loads of money to inefficient French farmers who get rich by sitting around doing nothing all day; it would mean the Canadian taxpayer having to pay for new vineyards in Greece, new roads in Spain or new brothels in Germany; it would mean having to let in migrant workers from all over the EU to come and work in Canada, whether you want to or not.

If you don't mind any of these things, then adopting the euro - and therefore joining the EU - will be for you.

And this would be different from our elected officials making laws that benefit Quebec at the expense of the rest of Canada exactly how?

 

[petros]

Pssst. A dollar is a measurment of gold.

 

[TenPenny]

Canada's system is a little different. Privately owned banks print 95% of Canada's money. 5% is printed by the Canadian government.

Can you explain that? I'm not sure I follow you.

 

[SirJosephPorter]

Blackleaf, there is nothing that says Canada has to join EU before it can adopt Euro (not that there is necessarily anything wrong with joining EU, that could be decided later on). It is up to EU can Canada to decide. Canada could work out some arraignment with EU, whereby Canada could adopt Euro and still not join EU.

Currently there are countries (Ecuador for instance), which have US dollar as their currency, but are in no way part of USA. Just because Canada adopts the Euro doesn’t mean that it has to be officially part of EU.

 

[AnnaG]

I don't mind if everyone on the planet uses the same currency as long as it is a little more colorful than the US currency, isn't too big for my wallet like the stuff the Brits use, or need a suitcaseful to buy a coffee like the yen or peso.

 

[SirJosephPorter]

Anna, have you been to UK lately? They used to have huge big coins years ago, these days their coins (and bills) are not any bigger than Canadian coins.

As to being colorful, I remember Dutch Guilder notes used to be very colorful, it was almost a festive currency. Unfortunately I think Netherlands was the first country to get rid of the Guilder and adopt the Euro.

 

[AnnaG]

Anna, have you been to UK lately? They used to have huge big coins years ago, these days their coins (and bills) are not any bigger than Canadian coins.

As to being colorful, I remember Dutch Guilder notes used to be very colorful, it was almost a festive currency. Unfortunately I think Netherlands was the first country to get rid of the Guilder and adopt the Euro.

No, I haven't been over that direction since I was a small girl. I remember British currency was huge, though. Dad grumbled about having to get a bigger wallet and not being able to stick said wallet in his back pocket.
Canada's notes are colorful as are the Euro notes. The US has boring currency. And as I said, I don't want a wheelbarrow full of cash just to go buy a pair of shoes like with the yen or peso. lol (That'll be 4.726 billion yen for that summer dress, please).

 

[einmensch]

jeez, you're a moron.



"3. Who owns the Bank of Canada?

The Bank was founded in 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the federal government. Since that time, the Minister of Finance has held the entire share capital issued by the Bank."
Jeez you're Jackass or are you a purebred Ass--
The Bank's roles- FAQs- About the Bank- Bank of Canada

So all profits go to the Canadian Government--Is that correct?

The Governor of the Bank of Canada is the chief executive officer of the bank. The Governor of the Bank of Canada is appointed for 7 years by the Bank's Board of Directors and cannot be discharged by the Government of Canada, thus making the bank an independent institution.

 

[gerryh]

So all profits go to the Canadian Government--Is that correct?

The Governor of the Bank of Canada is the chief executive officer of the bank. The Governor of the Bank of Canada is appointed for 7 years by the Bank's Board of Directors and cannot be discharged by the Government of Canada, thus making the bank an independent institution.

It's a crown corporaion....that means we own it....read the link and learn something.

 

[petros]

the Bank became a Crown corporation

The "Crown" is a private company registered in the City of London.

 

[gerryh]

The "Crown" is a private company registered in the City of London.

:roll:

 

[petros]

All corporations have stock. So if you and I own you should be a stockholder. Who holds YOUR stock? Can I see your stock in the Crown Corporations of Canada?

 

[petros]

If you can't find proof you are a stockholder or stock owner of the Corporation of Canada or the Crown Corporations of Canada have a boo at the Banking Act Section 457 about banks creating the money in Canada.

 

[Machjo]

Interesting response here:

http://forums.canadiancontent.net/fun-jokes/86711-ccta-protests-talks-world-currency.html

 

[SirJosephPorter]

So all profits go to the Canadian Government--Is that correct?

The Governor of the Bank of Canada is the chief executive officer of the bank. The Governor of the Bank of Canada is appointed for 7 years by the Bank's Board of Directors and cannot be discharged by the Government of Canada, thus making the bank an independent institution.

Certainly it is an independent institution, einmensch, that is how it should be. The same is true of similar bodies all over the world, Federal Reserve, Bank of England, Reserve Bank of India etc.

There has to be an independent body monitoring the fiscal policy, setting interest rates, inflation targets etc., which is free from politics, independent of government.

 

[SirJosephPorter]

Interesting response here:

http://forums.canadiancontent.net/fun-jokes/86711-ccta-protests-talks-world-currency.html

Machjo, if currency traders are opposed to it, I am convinced that it is a good idea. Also I notice that Jack Layton supports Canada adopting the Euro. Interesting. If Euro becomes more widely used, if UN designates it as a world currency we should definitely look into adopting the Euro.

 

[Machjo]

There has to be an independent body monitoring the fiscal policy, setting interest rates, inflation targets etc., which is free from politics, independent of government.

At last resort, Parliament would still have the power if it wished to impose policies on the Bank of Canada, whether to stabilize the currency, promote inflation, or otherwise.

 

[AnnaG]

Machjo, if currency traders are opposed to it, I am convinced that it is a good idea. Also I notice that Jack Layton supports Canada adopting the Euro. Interesting. If Euro becomes more widely used, if UN designates it as a world currency we should definitely look into adopting the Euro.

Well, up to now, I thought that'd be a good idea. But now you've said that, I have my doubts.