Since we are speculating.... What if the Amero was backed by gold and silver. Mexico is in the mix after all. Then other currencies are forced to compete. We have seen the Australian government guarantee bank deposits due to outside pressure. So, Australia and other resource countries require all taxes payable by miners to be in kind i.e. gold and/or silver. Miners who do not produce gold/silver must buy and deliver. This would stabilize the currency and hence the economy but reduce the taxes available for politicians to spend. Oh dear. There goes that argument?
